• Asking Price $10,300,000

  • 526-532 MULBERRY ST NEWARK, NJ 07114

  • 32,796 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 526-532 MULBERRY ST, NEWARK, NJ 07114

Features

  • Price/sqft: $314
  • Lot Size: 12502
  • Total Units: 1
  • Total Rooms: 1
  • Room List: Basement
  • Stories: 3
  • Construction Type: Brick
  • Exterior Walls: Brick

Facts

  • Property ID: 905443392
  • MLS Number: 3917369
  • Parcel Number: 14-01181-0000-00001
  • Property Type: Townhouse or Condo
  • County: ESSEX
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: RE/MAX LIFETIME REALTORS 605 CHESTNUT ST. UNION NJ 7083
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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