218 Mulberry St Newark, NJ 7102
Income-producing mixed-use property near Prudential Center with redevelopment potential.
Type:Commercial
Property size:
39,500 SFLot size:
0.08 AcresPrice / SF:
$121/SF- Added:
- Jan 13, 2026
- Days on Market:
- 98
- Last Refresh:
- Apr 5 at 8:19 pm
Property Features for 218 Mulberry St
General Information
- Standard status
- Active
- Size
- 39,500 SF
- Lot size
- 0.08 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agent HECTOR R. ROJAS
Listing office EXP REALTY, LLC (866) 201-6210
Listing date Jan 13, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC
Overview
Mixed-Use Property in Newark Arena District
This mixed-use property is located in Downtown Newark's Arena District, near the Prudential Center and Mulberry Commons Park. The property provides immediate cash flow and long-term upside potential within an active redevelopment corridor. The property includes a commercial anchor tenant generating approximately $240,000 annually, along with four residential units above. The total annual income is approximately $349,200, with a net operating income of approximately $291,900. Tenants cover all utility costs, and the property is owner-managed. All leases operate on a month-to-month basis, offering flexibility to secure long-term leases, optimize rents, or reposition the asset. The property is located within a major redevelopment zone with public and private investment. The property is suitable for 1031 exchange buyers, long-term hold investors, value-add strategies, or assemblage-minded buyers seeking stable income with future potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ATM Machine at Three ...
Atm
Three Levels Lounge ...
Bar & Pub
Empathy for Life Suboxone ...
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1709
- Latitude
- 40.7313
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing mixed-use property near Prudential Center with redevelopment potential.
Where is this mixed-use property located?
The property is located at 218 Mulberry St Newark, NJ.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Fully income‑producing mixed‑use property with approximately $349,200 total annual income and $291,900 net operating income.; Located in Downtown Newark's Arena District, near the Prudential Center and Mulberry Commons Park.; Strong commercial anchor tenant generating approximately $240,000 annually.
