529-531 Mulberry St, Newark, NJ

$11,500,000

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About 529-531 Mulberry St

PACKAGE DEAL:New Building sold with 166 Emmet St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments & 1 Retail space w/ 15 custom designed units, (11 2bdrm 2bth units; 1 1bdrm unit & 3 studio units). Building has elevator, laundry on each level, terrace with view to Newark Business District, public bathroom,8 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

Features of 529-531 Mulberry St

MLS® # 24019825
Price $11,500,000
Type 5+ Mixed Use
Style OTHER
Status ACTIVE

Community Information

Address 529-531 Mulberry St
City Newark
County ESSEX
State NJ
Zip Code 07114

Amenities

Features MUNICIPAL WA, SEWER

Exterior

Roof FLAT

Additional Information

Date Listed June 20th, 2024

Listing Details

AgentDyana Liborio
OfficeRE/MAX Lifetime Realtors

Listing Map

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