Commercial Sale For Sale

529-531 Mulberry Street, Newark, Nj 07114

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Property Description

PACKAGE DEAL:New Building sold with 166 Emmet St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments & 1 Retail space w/ 15 custom designed units, (11 2bdrm 2bth units; 1 1bdrm unit & 3 studio units). Building has elevator, laundry on each level, terrace with view to Newark Business District, public bathroom,8 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24019825
Price : $11,500,000
Status : Active
Office Name : RE/MAX Lifetime Realtors
Agent Name : Dyana
Roof : Flat
Features
Architectural Style : 5+Family
Address Map
Country : US
State : NJ
County : ESSEX
City : Newark
Zipcode : 07114
Street : Mulberry
Street Number : 529-531
Street Suffix : Street
Longitude : W75° 49' 22.6''
Latitude : N40° 43' 11.1''
Additional Information
On Market Date : 2024-06-20
Financial
Tax Annual Amount : 15869
Listing Information
List Agent Mls Id : 1026275
List Office Mls Id : 2227
Mls Status : Active
Modification Timestamp : 2025-01-29T14:41:19Z
Originating System Name : njmls
Status Change Timestamp : 2024-06-20
Commercial Sale For Sale
  • Listing ID : 24019825
$11,500,000
Agent info
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