136 Elm St - Apartments FOR SALE


Newark, NJ 07105- North Ironbound
$3,000,000 USD
201-215-1811
136 Elm St, Newark, NJ for Sale
$3,000,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

136 Elm St
Newark, NJ 07105
North Ironbound


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Separately-Metered Utilities
  • Parking & Amenities
  • Strong Rental Demographics & Demand
  • Nearby Higher Education

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 136 Elm Street and 8 Pacific Street in Newark, NJ (the “Property”). The four-story building contains ten (10) total units comprised of eight (8) residential units and two (2) commercial units. The eight (8) residential units are comprised of four (4) 3-Bedroom/1-Bathroom units, three (3) 2-Bedroom/1-Bathroom units, and one (1) 1-Bedroom/1-Bathroom unit. The Property is situated upon a 0.06 acre parcel and offers on-street parking. 136 Elm Street is centrally located in Newark’s revitalizing urban core, offering strong visibility and convenient access to major employment, education, and cultural destinations. Positioned near Springfield Avenue and just minutes from Downtown Newark, the property benefits from close proximity to Newark Penn Station, I-78, Route 21, and the Garden State Parkway, providing seamless connectivity to New York City, Jersey City, and the broader Northern New Jersey region. Nearby retail centers, neighborhood services, parks, and transit options enhance daily convenience and support long-term tenant appeal.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

10

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

136 Elm St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,470 SF

ZONING

-

APN/PARCEL ID

14-00941-0000-00001

ASK ABOUT THIS PROPERTY

Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

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Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.