$10,300,000
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526-532 MULBERRY ST Unit 0 Newark, NJ 07114
Apartment
Residence
Beds
50
Baths
32,796
Sq. Ft.
0.29
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
3917369
Property Type
Apartment
Bathrooms
1 Full
Square Feet
32,796
sq. ft
Price per Sq. Ft.
$358.27
Lot Size
0.29
Sewer
Public Sewer
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