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  • $899,000

    5 Elm St, Newark City, NJ 07102

    8beds
    39,996sqft
    : 
    Multi Family
    Built in 1892
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $-- HOA

    What's special

    Unfinished basementNewer gas boilerDecent condition
    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!
    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#: 3950053MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5 Elm St.

    Next available tour time:Tomorrow at 11am

    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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