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$10,300,000
110 Days On Site

526-532 Mulberry St
Newark City, 07114

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
32,796
SqFt
$314
/SqFt

Built
County:
Essex

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526-532 Mulberry St526-532 Mulberry St526-532 Mulberry St526-532 Mulberry St
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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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Listing Snapshot
Price 
$10,300,000
Days On Site 
110 Days
Bedrooms 
N/A
Inside Area (SqFt) 
32,796 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
N/A
MLS® Number 
3917369
Status 
Active
Property Tax 
$67,104
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.29
Number Of Stories 
4
Property Sub Type 
Multi Family
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
32796
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Apartments 4C
Interior Features
Basement 
FullPartially Finished
Cooling 
Central Air
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner LotLevel
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of RE/MAX LIFETIME REALTORS 9734545420

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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