# 136 Elm St, Newark City, NJ 07105-1703

> **TL;DR:** commercial, $3,900,000 ($672/sqft), built 1930, 5,800 sqft. Est. $16,900/mo. Listed 326 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Price/sqft | $672 |
| Square Feet | 5,800 |
| Year Built | 1930 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 326 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,900 |
| **Total** | **$16,900** |

## Property Highlights

- Built in 1930
- 0.06 acre lot
- 3 stories

## Description

### Agent Description
Discover this exceptional income-producing commercial property situated prominently at the corner of Elm Street and Pacific Street in the heart of the vibrant Ironbound section of Newark. Located just 3 minutes from the Prudential Center and 5 minutes from Newark Penn Station, this mixed-use building offers unparalleled convenience and accessibility. The property features 10 total units, including 8 luxury residential apartments and 2 commercial storefronts. The residential layout includes one 1-bedroom, four 2-bedroom, and three 3-bedroom high-end apartments, all thoughtfully designed to appeal to discerning tenants. Each residential unit boasts an open-concept layout, seamlessly connecting the living room and eat-in kitchen, featuring sleek quartz countertops. These units also offer spacious bedrooms, modern bathrooms, and the convenience of an in-unit washer and dryer, with central air and forced hot air throughout. The ground floor hosts two well-established businesses: a charming flower shop and a popular restaurant, providing steady commercial income and neighborhood foot traffic. With modern finishes, a prime location, and high rental demand, this building presents a rare chance to own a well-maintained, turn-key property in one of Newark's most desirable neighborhoods. This is a perfect opportunity for investors looking for both appreciation and consistent rental income.

## Location

- **Address:** 136 Elm St, Newark City, NJ 07105-1703
- **County:** Essex
- **Coordinates:** 40.72837, -74.16521
- **Google Maps:** https://www.google.com/maps?q=40.72837,-74.16521

## Listing Agent

- **Name:** HOLLAND B. MACK 3RD
- **Brokerage:** REAL

## Primary Photo

![136 Elm St - Primary Photo](http://lh.rdcpix.com/849f89e7be9ccb9e049f1e8b3f66ec95l-f2584129875r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/136-elm-st-newark-city-nj-07105-1703-3964131)*

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**MLS#:** 3964131 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/136-elm-st-newark-city-nj-07105-1703-3964131)

---

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