NJ > Newark City
Newark City, NJ 07114,529 Mulberry St
Newark City, NJ 07114,529 Mulberry St
Newark City, NJ 07114,529 Mulberry St
Newark City, NJ 07114,529 Mulberry St
Newark City, NJ 07114,529 Mulberry St
Newark City, NJ 07114,529 Mulberry St
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Caitlin Schlaffer

Caitlin Schlaffer

+1(862) 266-7107
$ 11,500,000
Est. payment | /mo

12,760 SqFt

Save
$ 11,500,000
Est. payment | /mo
Save

12,760 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,760 sqft

Price per Sqft $901

MLS Listing ID 3906263

Year Built 2024

Annual Tax Amount $7,456

Tax Year 2023

Lot Size 4,791 Sqft

Property Description

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.

Location

State NJ

County Essex

Zoning Apartments

Interior

Heating Gas-Natural

Cooling 4+ Units, Central Air

Flooring Laminate

Equipment Appliances, Fire Alarm, Handicapped Access, Intercom, Passenger Elevator(s), Restrooms - Public, Security System, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Corner, Level Lot

Story 5

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by RE/MAX LIFETIME REALTORS
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 266-7107

caitlinschlafferrealtor@gmail.com

540, Sparta, New Jersey, 07871, USA

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529 Mulberry St