Active
526-532 Mulberry Street
Newark NJ, 07114
$10,800,000
Active
49 Beds
Multi-family
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 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 ; 5 one-bedrm units & 1 studio unit) for a grand total of -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 & 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/ stainles appliances (Microwave, Refrigerator, & dishwasher, stove), quartz countertops.Close to Path, train & bus station, Newark airport & universities.
23026460
MLSⓇ ID
November 30, 2023
Updated
Map
526-532 Mulberry Street
Newark NJ, 07114
Interior Features
Bedrooms
49 Beds
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Architectual Style
5 Family
Other Property Details
Taxes
$43,633
Tax Frequency
Annually
Garage
No
Parking
No
View
No
County
ESSEX
Water Source
Public
Pool
No
Buyer Agency Compensation
2%$999
Listing History
Date | Event | Price |
|---|---|---|
11/30/2023 | Price Change | $10,800,000 -9% |
Listed by Dyana Liborio with RE/MAX Lifetime Realtors
Listing Contact: 9734545420
The IDX display contains information sourced from the New Jersey Multiple Listing Service, Inc. as of 11/30/2023. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/30/2023 at 10:59 PM UTC