Mixed-Use Building with Commercial
For Lease
$4,800,000
218 Mulberry Street, Newark, NJ 07102
Residential apartments above a commercial tenancy provide a mix of uses, with all leases on a month-to-month basis.
Space SizeContact for details
Days on Market294
Property Features for 218 Mulberry Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Neighborhood
Central Business District
Taxes and HOA fees
Annual Taxes
$33,778
Listing Agency:
EXP Realty, LLC
Listed By:
Hector Rojas
(917) 533-9263
Source:
Tkregroupinc
Added: Jan 13
Changed: Nov 1
Last Checked: Nov 1 at 3:13PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 218 Mulberry Street, this mixed-use property in Newark combines a commercial tenancy with four residential units above. The reported cap rate is 6.25%. Leases are month-to-month, and tenants pay their own utilities.
The property is in Downtown Newark’s Arena District, near the Prudential Center and Mulberry Commons Park.
The property is in Downtown Newark’s Arena District, near the Prudential Center and Mulberry Commons Park.
Key Highlights
- Four residential units above a commercial tenancy
- Reported 6.25% cap rate
- All leases are month‑to‑month
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,920
Businesses Nearby
Explore this area
Business Placement
Demographics for 07102, NJ
15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential apartments above a commercial tenancy provide a mix of uses, with all leases on a month-to-month basis.
Where is this mixed-use property located?
The property is located at 218 Mulberry Street Newark, NJ.
What is the lease rate?
The lease rate is $4,800,000.
What are key features of this property?
This property features: Four residential units above a commercial tenancy; Reported 6.25% cap rate; All leases are month‑to‑month
