526-532 Mulberry St, Newark City, NJ 07114

Other
THB ฿352,274,111
USD $10,300,000
Published on: 06 Aug 2024
Last updated on: 09 Nov 2024
526-532 Mulberry St, Newark City, NJ 07114
526-532 Mulberry St, Newark City, NJ 07114
526-532 Mulberry St, Newark City, NJ 07114
+30
526-532 Mulberry St, Newark City, NJ 07114
  • 30
Property ID: 110093670577
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Key property information

Land Size
1,173.59 m2

Commercial - Newark City, NJ

526-532 Mulberry St, Newark City, NJ 07114
Introducing a rare investment opportunity in the Ironbound Section of Newark. The original Ace Tool & Manufacturing Company located at the corner of Mulberry St & Emmet St. sitting on a 12,850 sqft lot. This beautiful building has been completely rebuilt into this stunning 4 level apartment building w/ a brand new 4th flr addition consisting of 28 custom designed units, (22  two-bedrm 2 bath units w/ 620-797sqft; 5 one-bedrm units w/ 632-652sqft & 1 studio unit w/ 779sqft) for a grand total of 32,796 sqft -50 bedrms & 50 baths. Fully occupied w/ no vacanies!  Building has New fire sprinkler system, large elevator, a garbage chute, and laundry facilities on each level that provide additional income. Building has a large gym complete w/ 6 stations, mirror walls & TV.  Parking lot consists of 16 parking spaces that  brings in additional income.  This unique building has 28 luxury apartments each unit includes fire rated entry doors,  prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, & dishwasher, stove), quartz countertops, island/peninsula, large child-safety -sound proof windows, intercom system, Central Air & Forced Hot Air.  Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,173.59 m2
Building Size
3,046.85 m2
Rooms
1 basement(s)
Architecture Style
Other
Building Unit Count
28
Num Floors
4
Franchise
RE/MAX International
County
Essex
Provider
RE/MAX LIFETIME REALTORS
Brokerage Office Name
RE/MAX LIFETIME REALTORS
Brokerage Office Phone
9086882828
Address
526-532 Mulberry St, Newark City, NJ 07114

Tax History

YearTax amount
2023USD $67104THB ฿2,295,049*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
DYANA LIBORIO
605 CHESTNUT ST., UNION, NJ 07083
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DYANA LIBORIO
605 CHESTNUT ST., UNION, NJ 07083
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      Property ID: 110093670577

      Data provided by RE/MAX LIFETIME REALTORS, MLS #: 3917369
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