526 Mulberry St

    Newark City, NJ 07114
    • $5,520,000
    • STATUS: Active
    • ON SITE: 62 days
    • MLS #: 3588060
    UPDATED: 168 min ago
    $5,520,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,500
      SQFT
    • $442
      $/SQFT
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Great Investment Opportunity available. Shovel Ready Project with three separate parcels approved for a total of 62 Units. Mulberry Street and Emmet Street consisting of 3 detached buildings. This project is located in the Ironbound Section of Newark, Sale will include approval, architectural drawings, structural and mechanical plans. Property 1 as a vacant lot for 15 units and 7 parking spaces. Property 2 as an existing building with approvals for a conversion from industrial to residential with 28 units adding an additional floor. Property 3 as an approved 19 unit building with 16 parking parking spots. Existing building will have to be demolished to be built from ground up.

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    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-19T14:46:46.307.
    www.sellwithsikora.com/homes/99039065

    526 Mulberry St Newark City, NJ 07114

    • Price: $5,520,000
    • Status: Active
    • Updated: 168 min ago
    • MLS #: 3588060
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    12,500
    SQFT
    $442
    $/SQFT
    County:
    Essex
    Area:
    Newark City
    Property Description
    Great Investment Opportunity available. Shovel Ready Project with three separate parcels approved for a total of 62 Units. Mulberry Street and Emmet Street consisting of 3 detached buildings. This project is located in the Ironbound Section of Newark, Sale will include approval, architectural drawings, structural and mechanical plans. Property 1 as a vacant lot for 15 units and 7 parking spaces. Property 2 as an existing building with approvals for a conversion from industrial to residential with 28 units adding an additional floor. Property 3 as an approved 19 unit building with 16 parking parking spots. Existing building will have to be demolished to be built from ground up.
    Exterior Features

    Approximate Lot Size 25X100 Construction Brick/Block Exterior Description Brick/Block Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Additional Parking Roof Description See Remarks

    Interior Features

    Basement Yes Basement Description Full Cooling 4 Units Equipment Available Smoke DetectorFire Alarm Heating 4 Units Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 62 Office Sq Ft 0

    Property Features

    DEPStatus ISRA Compliance For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Available Suite Number 0 Tax Amount 1251 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Utilities All Underground Water Public Water Zoning Residential

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Rosa Agency.


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-19T14:46:46.307.
     
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