1 / 33IDX ListingNewark, NJ · Active
72 Elm Rd
$2,400,000
10,000 sqft
Description
Income-producing mixed-use property in Newark's North Ironbound. The building offers approximately 10,000 square feet, including approximately 4,500 square feet of ground-floor commercial space currently operated as a restaurant/bar, plus three residential apartments. All three apartments are occupied by month-to-month tenants and offer future rental upside. Renovated in 2023 with updated systems and improvements. Convenient location near Ferry Street, Newark Penn Station, Downtown Newark, established restaurants, retail and residential development. Suitable for an owner-user or investor seeking commercial and residential income.
Property details
- Type
- Mixed Use
- Lot size
- 0.11 acres
- Lot dimensions
- 47.3X100
- Building size
- 10,000 sqft
- Garage
- 30 car
- Available area
- 4,500 sqft
- Price per sqft
- $240
- Units
- 4
- Offered
- For Sale
- Zoning
- MX-1
- Possession
- At Closing
- MLS #
- 4058707
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