2
  • 9999
  • Area Size

139 Elm St , Newark City, New Jersey 07105-1348

  • $1,300,000

Description

Exceptional Investment Opportunity in Newark’s Highly Sought-After Ironbound Section! This well-maintained 5-unit apartment building offers an outstanding opportunity for investors seeking strong rental demand and long-term appreciation. Located in one of Newark’s most vibrant and desirable neighborhoods, this income-producing property features five residential apartments on a 30′ x 100′ lot. The building offers gas hot water baseboard heat, public water and sewer, and durable aluminum siding. Ideally situated just minutes from Newark Penn Station, major highways, restaurants, shopping, schools, parks, and the neighborhood’s renowned Portuguese and Spanish dining scene, this property is perfectly positioned to attract quality tenants. The Ironbound continues to be one of Northern New Jersey’s most sought-after rental markets, making this an excellent addition to any investment portfolio. Property is being sold as-is. Buyer is responsible for obtaining any required municipal certificates and completing their own due diligence.

  • City: Newark City
  • State/county: Essex

Details

Updated on June 27, 2026 at 5:13 pm
  • Property ID HZ4037379
  • Price $1,300,000
  • Property Size 9999
  • Property Status Active

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Queens Realty New Jersey

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