72 - 74 Elm Road, Newark, NJ 07105 - Photo 1

Save This Listing

1/41

View All Photos

$2,300,000 -$600,000 (-20.69%) Price Reduced

For Sale
Active
Commercial

See This Home

Save This Listing

1/41

Property Description

Value-add mixed-use investment opportunity in Ironbound 'â‚¬" Newark. Property features ground-floor commercial space (previously operated as a restaurant) and three residential units rented month-to-month. Strong lease-up and repositioning potential with significant income upside. Prime corridor with long-term appreciation and rental demand. Ideal for investor or owner-user.

Full Property Details

Full Property Details for 72 - 74 Elm Rd

General

Price: $2,300,000
Taxes: $27,742
Status: Active
Type: Commercial
Source: NJMLS
MLS ID: 25038383
Updated: 3/2/2026
Added to Site: 126 day(s) ago

Location

Area: Newark
County: ESSEX

Structural Information

Architectural Style: Com/Com Mixed
Roof: Flat
Year Built: 1900-1939

Financial Considerations

Tax Amount: $27,742
Owner Pays: Water

Listed by Keller Williams Park Views (201) 939-0050, Sandra Oliveira (908) 425-1875

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 72 - 74 Elm Rd —

Sandra Oliveira

Keller Williams Park Views

(908) 425-1875

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 72 - 74 Elm Rd

School District:Newark City School District

Name	Grades	Distance
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.5 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.7 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.8 mi
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105	K-8	0.8 mi
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105	PK-8	1.1 mi
Quitman Street School 21 Quitman Street, Newark, NJ 07103	K-8	1.6 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	2.2 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	2.3 mi
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	2.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 72 - 74 Elm Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/02/2026

Price Reduced

$2,300,000

-20.69%

MLS

10/27/2025

Listed

$2,900,000

457.69%

MLS

3/30/2023

Sold

$520,000

—

Public Record

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.

Tax History

Tax History for 72 - 74 Elm Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,598

$147,200

—

2022

$5,499

—

$147,200

—

2021

$5,496

-2%

$147,200

—

2020

$5,594

$147,200

—

2018

$5,436

-2%

$147,200

—

2019

$5,536

$147,200

—

2017

$5,240

$147,200

—

2016

$5,064

$147,200

—

2015

$4,871

$147,200

—

2014

$4,565

—

$147,200

—

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 72 - 74 Elm Rd

72 - 74 Elm Road, Newark, NJ 07105 (MLS# 25038383) is a Commercial property. 72 - 74 Elm Road is currently listed for $2,300,000 and was received on October 27, 2025. Want to learn more about 72 - 74 Elm Road? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

Tour this property

72 - 74 Elm Rd Newark, NJ 07105