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$3,995 -$505 (-11.22%) Price Reduced

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Property Description

FOR LEASE - Prime Corner Retail - 145 Elm St, Newark, NJ 07105 - IronboundCorner retail space for lease at Elm St & Prospect St in the heart of Ironbound. Bright, open layout with large storefront windows on two sides, high visibility and heavy foot traffic.Former Casa Costa space. Interior features glass display cabinets and showcase counters, wood flooring, and modern lighting. Open floor plan ready for boutique, wellness, tea/herb shop, beauty, cafe, or specialty retail.Owner to renovate exterior facade to match modern white finish with black-framed glass and recessed LED lighting as shown in rendering.Steps to Ferry St and Newark Penn Station.Photo disclosure: Photos are AI staged to show potential layout and planned exterior renovation.

Full Property Details

Full Property Details for 145 Elm St

General

Price: $3,995
Taxes: $26,497 (2025)
Status: Active
Type: Commercial Lease
Source: Garden_State
MLS ID: 4060941
Updated: 10/25/2026
Added to Site: 5 day(s) ago

Rental Information

Lease/Rent Term: Modified
Lease Includes: Building Insurance, Building Maintenance, Sewer
Lease Terms: 3-5 Year Minimum, Security Deposit Required

Additional Information

Equipment: Fire Alarm, Smoke Detector

Parking

Parking: On-Street Parking

Location

County: Essex
Driving Directions: Corner of Elm & Prospect in Ironbound
Location Details: Business District, Corner, Residential Area

Heating & Cooling

Cooling Type: No Cool
Heating Type: 1 Unit
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: All Underground

Structural Information

Basement: Yes
Basement Desc.: Unfinished
Door Dimensions: 9
# Loading Docks: 1

Lot Features

Lot Size (Acres): 0.1
Lot Size: 95.11X45
Zoning: Comm and Resi

Financial Considerations

Price Per Sq. Ft.: $4
Assessment Amount: $662,600
Land Assmt: $264,000
Tax Amount: $26,497
Tax Year: 2025
Owner Pays: Sewer
Tenant Pays: Electric, Gas, Heat, Repairs
Pays Utilities: Tenant

Disclosures and Reports

APN: 1614-00191-0000-00028-0000-
Block: 191
Lot Number: 28

Listed by Elite Realtors Of New Jersey

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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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/25/2026

Price Reduced

$3,995

-11.22%

MLS

10/23/2026

Listed

$4,500

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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145 Elm St, Newark, NJ 07105 (MLS# 4060941) is a Commercial Lease property. 145 Elm St is currently listed for $3,995 and was received on October 23, 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.

145 Elm St Newark, NJ 07105