Income-Producing Mixed-Use
218 MULBERRY ST Unit ALL Newark, NJ 07102
218 MULBERRY ST Unit ALL, Newark, NJ, 07102
$4,800,000
For Sale
$4,800,000
Mixed-use building with a commercial anchor tenant and four residential units above, generating substantial annual income.
Property Size39,500 SF
Price / SF$121.52
Days on Market213
Property Features for 218 MULBERRY ST Unit ALL
General Information
- Standard status
- Active
- Size
- 39,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
EXP REALTY, LLC
(917) 533-9263
Listed by
HECTOR R. ROJAS
(917) 533-9263
Source
Xome
Added: Dec 20, 2025 Updated: Jul 21 at 2:44PM Checked: Jul 21 at 2:44PM
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
Investment Insights
Based on property information with market context.
218 Mulberry Street is a fully income-producing mixed-use property with a commercial anchor tenant and four residential units above. The commercial tenant generates approximately $240,000 in annual revenue, and the building also includes the residential units to support total annual income of approximately $349,200. Reported net operating income is approximately $291,900, with tenants paying all utilities and the property described as owner-managed.
The property is located in Downtown Newark’s Arena District, steps from the Prudential Center and Mulberry Commons Park. All leases are month-to-month, which may provide incoming ownership flexibility regarding lease timing and long-term planning.
The offering is described as a price adjustment to reflect a 6.25% CAP rate.
The property is located in Downtown Newark’s Arena District, steps from the Prudential Center and Mulberry Commons Park. All leases are month-to-month, which may provide incoming ownership flexibility regarding lease timing and long-term planning.
The offering is described as a price adjustment to reflect a 6.25% CAP rate.
Key Highlights
- Mixed‑use property at 218 Mulberry Street with a commercial anchor tenant and four residential units above
- Commercial anchor tenant generates approx. $240,000 annually; total annual income approx. $349,200 and NOI approx. $291,900
- Price adjustment to reflect a 6.25% CAP rate, targeting buyers seeking income‑producing property
Property Analytics
Location Intelligence
Current Use by Public Records
ATM Machine at Three ...
Atm
Three Levels Lounge ...
Bar & Pub
Empathy for Life Suboxone ...
Medical Clinic
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FAQs
What type of property is this?
Mixed-use property - Mixed-use building with a commercial anchor tenant and four residential units above, generating substantial annual income.
Where is this mixed-use property located?
The property is located at 218 MULBERRY ST Unit ALL 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: Mixed‑use property at 218 Mulberry Street with a commercial anchor tenant and four residential units above; Commercial anchor tenant generates approx. $240,000 annually; total annual income approx. $349,200 and NOI approx. $291,900; Price adjustment to reflect a 6.25% CAP rate, targeting buyers seeking income‑producing property
