Rare Opportunity to own a fully BRICK 4 family home!!! HOT location on the border of Downtown Newark and the Ironbound section!Each floor of the 4 floors, features a spacious 2 bedroom, 1 bath, kitchen/Livingroom per floor. Plus an unfinished basement with a newer gas boiler for the hot, and 4 hot water tanks. Separate electric and cooking gas. All 4 apartments have been renovated within the past few years and are in decent condition. Calling all investors and end users alike! We currently have 1 unit vacant ready to move in! While generating income from the other units! Great commuter location, close to restaurants, shopping and much more!
Active
$899,000
5 Elm St, Newark City, NJ 07102
8beds
39,996sqft
Est.:
Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$22/sqft
$-- HOA
What's special
Unfinished basementNewer gas boilerDecent condition
- 55 days
- on Zillow |
- 543 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2025 at 11:55am
Listed by:
Mordy Abelesz 347-243-7060,
Exp Realty, Llc
Source: GSMLS,MLS#: 3950053

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 1 Unit, Baseboard - Hotwater, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Range/Oven - Gas, Refrigerator
Features
- Bedrooms, Kitchen, Living/Dining Room
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 39,996
- Total interior livable area: 39,996 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 1,306.8 Square Feet
- Dimensions: 20.3 x 58
Details
- Parcel number: 1614008720000000360000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt Shingle,Flat
Condition
- Year built: 1892
- Major remodel year: 2023
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $350,400
- Annual tax amount: $13,325
- Date on market: 3/10/2025
- Total actual rent: 39996
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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