5 Elm St Newark, NJ 07102
Downtown Newark NeighborhoodEstimated payment $5,900/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,325
Year Built
- Built in 1892 | Remodeled
Lot Details
- 1,307 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Window Unit Cooling System
- Standard Electricity
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1614-00872-0000-00036-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,063 | $350,400 | $28,100 | $322,300 |
| 2024 | $13,063 | $350,400 | $28,100 | $322,300 |
| 2023 | $13,091 | $350,400 | $28,100 | $322,300 |
| 2022 | $13,091 | $350,400 | $28,100 | $322,300 |
| 2021 | $4,780 | $128,000 | $28,500 | $99,500 |
| 2020 | $4,864 | $128,000 | $28,500 | $99,500 |
| 2019 | $4,814 | $128,000 | $28,500 | $99,500 |
| 2018 | $4,727 | $128,000 | $28,500 | $99,500 |
| 2017 | $4,557 | $128,000 | $28,500 | $99,500 |
| 2016 | $4,403 | $128,000 | $28,500 | $99,500 |
| 2015 | $4,236 | $128,000 | $28,500 | $99,500 |
| 2014 | $3,969 | $128,000 | $28,500 | $99,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $899,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Adar Land & Tree Abstract In | |
| Deed | $605,000 | Adar Land & Tree Abstract In | |
| Deed | $605,000 | New Title Company Name | |
| Deed | $500,000 | None Listed On Document | |
| Deed | $500,000 | Adar Land & Tree Abstract In | |
| Deed | $16,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $543,750 | New Conventional | |
| Closed | $543,750 | New Conventional | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $184,000 | New Conventional | |
| Previous Owner | $425,000 | New Conventional | |
| Previous Owner | $425,000 | Construction |
Source: Garden State MLS
MLS Number: 3950053
APN: 14-00872-0000-00036
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
- 8 Elm St
- 81 Columbia St
- 143 Walnut St
- 111-113 Chestnut St
- 87 Union St
- 27-29 Camp St
- 27-29 Camp St Unit 3
- 76 Union St Unit A10
- 111 Mulberry St Unit 2K
- 111 Mulberry St Unit 10A
- 111 Mulberry St Unit 9C
- 111 Mulberry St Unit 4-R
- 111 Mulberry St Unit 1418
- 111 Mulberry St Unit TH-A
- 44 Pacific St Unit 46
- 47 Johnson St
- 138 New York Ave
- 176 Jefferson St