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$14,000,000
26 Days Online

529 Mulberry St
Newark City, NJ 07114

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
12,760
SqFt
$1,097
/SqFt
2024
Built
County:
Essex

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529 Mulberry St529 Mulberry St529 Mulberry St529 Mulberry St
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PACKAGE DEAL: Brand New Building is being sold with 166-168 Emmet St., Newark NJ 07114 for the total price of $14,000,000 total 35 Units. Introducing a rare investment opportunity in the Ironbound Section of Newark with apartment rental prices $2600-$3200. This beautiful building is being finished with 4 floors of apartments and 1 retail store; consisting of 15 custom luxury designed units, (11 two-bedrm 2 bath units; 1 one-bedrm unit w/ & 3 studio units) and 1 ground floor retail space of 360Sqft -total of 23 bedrms & 28 baths. Building has elevator, laundry facilities on each level, parking consists of 8 Garage enclosed parking spaces that provide additional income. Building has a outdoor terrace facing the Business District of Newark with a half bathroom for all tenants to enjoy. This unique building includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large child-safety -sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.

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Listing Snapshot
Price 
$14,000,000
Days Online 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,760 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
2024
MLS® Number 
3906263
Status 
Active
Property Tax 
$7,456
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Number Of Stories 
5
Property Condition 
Under Construction
Property Sub Type 
Multi Family
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
12760
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Apartments
Interior Features
Cooling 
Central Air
Flooring 
Laminate
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner LotLevel
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of RE/MAX LIFETIME REALTORS 9734545420

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. 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. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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