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    393 Mulberry St Newark, NJ 07102

    For Sale
    $5,900,000

    Medical/Office building with surgical rooms and covered parking available for sale.

    Property size:
    11,200 SF

    Property Features for 393 Mulberry St

    General Information

    Size
    11,200 SF

    Building Details

    Year built
    2014

    Source: Darren Lizzack, MSRE Agent Darren Lizzack, MSRE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Medical/Office Building For Sale

    Located just off Route 21, this property offers convenient access to I-78, I-95, the New Jersey Turnpike, the Garden State Parkway, and I-280. It is situated within minutes of Newark International Airport and within walking distance of the Newark-Penn Station line and Newark Airport Railroad Station. The property is also located close to hospitals, public transportation, restaurants, hotels, and shops. The building features newly built-out surgical rooms, private offices, patient rooms, and lockers. It has a license for Class “C” & Class “B” and a procedure room available with the sale/lease. The property also includes covered parking. The building has a Property Size of 11200 square feet and can be used for Medical offices, Office Properties & Spaces, Parking lots & garages, Automotive properties, and Retail properties.
    Location Intelligence

    Current Use by Public Records

    Over The Road Trucking ... Trucking Company Jan Jaeyeon Shim Gastroenterologist Riverside Surgical Center ... Surgical Center Majid K. Khan Cardiologist Dr. Ndidiamaka Ezuma Nurse Practitioner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Green Chicpea

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1743862
    Latitude
    40.7255507

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    FAQs

    What type of property is this?
    Medical office - Medical/Office building with surgical rooms and covered parking available for sale.
    Where is this medical office located?
    The property is located at 393 Mulberry St Newark, NJ.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - Prime location with convenient access to major highways (I-78, I-95, NJ Turnpike, Garden State Parkway, I-280) and transportation hubs (Newark International Airport, Newark-Penn Station line, Newark Airport Railroad Station).; - License for Class “C” & Class “B” + procedure room available.; - **Newly built out surgical rooms, private offices, patient rooms, and lockers.**
    (201) 488-5800
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    393 Mulberry St Newark, NJ 07102
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    Newark, NJ 07102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    393 Mulberry St Newark, NJ 07102
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