529 Mulberry St, Newark City, NJ 07114

Other
THB ฿396,508,500
USD $11,500,000
Published on: 07 Jun 2024
Last updated on: 02 Jan 2025
529 Mulberry St, Newark City, NJ 07114
529 Mulberry St, Newark City, NJ 07114
529 Mulberry St, Newark City, NJ 07114
+18
529 Mulberry St, Newark City, NJ 07114
  • 18
Property ID: 110092454602
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Commercial - Newark City, NJ

529 Mulberry St, Newark City, NJ 07114
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
445.15 m2
Building Size
1,185.44 m2
Year Built
2024
Architecture Style
Other
Num Floors
5
County
Essex
Provider
Garden State MLS, LLC
Brokerage Office Name
RE/MAX LIFETIME REALTORS
Brokerage Office Phone
9086882828
Address
529 Mulberry St, Newark City, NJ 07114

Tax History

YearTax amount
2023USD $7456THB ฿257,075*

*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
RE/MAX LIFETIME REALTORS
605 CHESTNUT ST., UNION, NJ 07083
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DYANA LIBORIO
605 CHESTNUT ST., UNION, NJ 07083
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Property ID: 110092454602

Data provided by Garden State MLS, LLC, MLS #: 3906263
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