Listing Courtesy of: 908-688-2828 - DYANA LIBORIO - RE/MAX LIFETIME REALTORS
908-688-2828
$14,000,000
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529 MULBERRY ST Unit 0 Newark, NJ 07114
General Commercial
Residence
Beds
28
Baths
12,760
Sq. Ft.
0.11
Acre
Lot
Property Activity
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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 w...ith 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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MLS#
3906263
Property Type
General Commercial
Bathrooms
3 Full/1 Half
Year Built
2024
Square Feet
12,760
sq. ft
Price per Sq. Ft.
$506.47
Lot Size
0.11
Sewer
Public Sewer
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