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$680,000
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Property Description
Rare opportunity to acquire vacant land in the highly desirable Ironbound section of Newark. This buildable lot comes with plans for a 3-unit residential dwelling, offering an excellent opportunity for investors, builders, or developers. The property is ideally suited for new construction and positioned in a thriving neighborhood known for its strong rental demand, vibrant community, and proximity to major transportation hubs. Conveniently located near Newark Penn Station, highways, shopping, restaurants, and parks. Don't miss the chance to develop in one of Newark's most sought-after areas with strong upside potential.
Full Property Details
Full Property Details for 250 Elm St
General
- Price: $680,000
- Taxes: $3,135 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4015281
- Updated: 3/18/2026
- Added to Site: 18 day(s) ago
Location
- County: Essex
- Driving Directions: Between Adams st and Van Buren Street
- Total Lots Available: 1
Utilities
- Sewer: See Remarks
- Water: See Remarks
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 35X95
- Frontage: Town Street
- Street/Road Desc.: See Remarks
- Zoning: Residential Multi-Family
Financial Considerations
- Assessment Amount: $78,400
- Land Assmt: $78,400
- Tax Amount: $3,135
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Site Plan, Survey Available
- Surveyed: Yes
- Block: 963
- Lot Number: 8
Listed by Rosa Agency
Get Pre-Approved Today
Schools
Schools serving 250 Elm St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.3 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.3 mi |
Ann Street Elementary School 30 Ann Street, Newark, NJ 07105 | PK-8 | 0.3 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.2 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.8 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.8 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.9 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-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 250 Elm St
Date
Details
Price
Change
Source
3/18/2026
Listed
$680,000
28.3%
MLS
1/17/2023
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 250 Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,982
2%
$78,400
—
2022
$2,929
—
$78,400
—
2021
$2,927
-2%
$78,400
—
2020
$2,979
-59%
$78,400
-60%
2018
$7,264
146%
$196,700
151%
2019
$2,949
-58%
$78,400
-60%
2017
$7,003
4%
$196,700
—
2016
$6,766
4%
$196,700
—
2015
$6,509
12%
$196,700
—
2013
$5,809
—
$196,700
—
Disclaimer: Historical tax 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 250 Elm St
250 Elm St, Newark, NJ 07105 (MLS# 4015281) is a Lots/Land property with a lot size of 0.08 acres. 250 Elm St is currently listed for $680,000 and was received on March 18, 2026. Want to learn more about 250 Elm St? Do you have questions about finding other Lots/Land real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

