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Property Description
Prime retail storefront available for LEASE at 145 Elm Street, Newark, NJ. This approximately 1,300-square-foot multi-level commercial space offers an exceptional opportunity for a wide variety of businesses. Many possibilties available. Previously occupied by a successful vitamins, herbs, and holistic wellness retailer, the space is ideal for retail, medical supply, pharmacy, beauty, salon, supply, boutique, office, wellness, specialty food, or professional services. The property features a spacious open-concept showroom, built-in display shelving, multiple glass display cases, bright LED lighting, two restrooms, a rear storage area with exterior access, and a large lower-level basement perfect for inventory, office space, or additional workspace. Situated on Newark's bustling Elm Street commercial area, the storefront enjoys high pedestrian and vehicle traffic, providing outstanding visibility and signage opportunities. Surrounded by established businesses, restaurants, residential neighborhoods, and NJ Transit, with convenient access to Newark Penn Station, major highways, and downtown Newark. This versatile commercial space offers the exposure, flexibility, and accessibility businesses need to thrive in one of Newark's busiest retail corridors. Don't miss this outstanding leasing opportunity to establish or expand your business in a prime location with excellent customer traffic and long-term growth potential.
Full Property Details
Full Property Details for 145 Elm St
General
- Price: $4,500
- Taxes: $26,497 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4041340
- Updated: 7/17/2026
- Added to Site: 8 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Sewer
- Lease Terms: 3-5 Year Minimum
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Furniture, Sign - Building, Smoke Detector, Storage Area(s)
Exterior
- Color: BRICK
Parking
- Parking: See Remarks
Location
- County: Essex
- Subdivision: IRONBOUND
- Driving Directions: 145 ELM ST, NEWARK, NJ
- Location Details: Corner
Heating & Cooling
- Cooling Type: No Cool, See Remarks
- Heating Type: 1 Unit
- Heating Fuel: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Flat
- Stories in Building: 1
- Square Feet: 1,300
- Aprox. Leasable: 1,300 Sq. Ft.
- Previous Bldg. Use: WELLNESS CENTER
- Office: 1,300 Sq. Ft.
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: 95.11X45
- Permitted Use: OPEN TO OPTIONS
- Zoning: RETAIL
Financial Considerations
- Assessment Amount: $662,600
- Land Assmt: $264,000
- Tax Amount: $26,497
- Tax Year: 2025
- Owner Pays: Sewer
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-00191-0000-00028-0000-
- Block: 191
- Lot Number: 28
Listed by Bhgre Elite
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Schools
Schools serving 145 Elm St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.1 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.3 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.4 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.5 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.7 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 Elm St
Date
Details
Price
Change
Source
7/17/2026
Listed
$4,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 145 Elm St
145 Elm St, Newark, NJ 07105 (MLS# 4041340) is a Commercial Lease property. 145 Elm St is currently listed for $4,500 and was received on July 17, 2026. Want to learn more about 145 Elm St? Do you have questions about finding other Commercial Lease real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

