Corner Mixed-Use Commercial
529 Mulberry, Newark, NJ 07114
For Sale
New
Contact for pricing
Newly built suite features tile flooring, central HVAC, and MX-2 zoning.
Property Size12,760 SF
Price / SF$3.33
Days on Market7
Property Features for 529 Mulberry
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Property Use
Amenities
oversized windows
tall ceilings
durable tile floors
central HVAC
Tile
Gas-Natural
1
5
300
40.00
4
11
15
Level Lot
Public Water
50x100
0.11
7
10
12760
Brick,CompSide,ConcBrd
Building Details
Building Size
Year Built
Stories
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
(551) 239-8040
Listed By:
Reisha Baker
Source:
Skyrealtyintl
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 8:38AM
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 EXIT REALTY LUCKY ASSOCIATES
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Investment Insights
Based on property information with market context.
This 300-square-foot corner commercial suite was built in 2024 and is available for immediate occupancy. Tall ceilings, tile floors, central HVAC, and oversized windows are among its existing features. The property is zoned MX-2.
The Newark Ironbound location offers access to Newark Penn Station, served by NJ Transit, PATH, and Amtrak. Route 21, Routes 1 and 9, the New Jersey Turnpike, I-78, and Newark Liberty Airport are also noted as nearby transportation connections.
The Newark Ironbound location offers access to Newark Penn Station, served by NJ Transit, PATH, and Amtrak. Route 21, Routes 1 and 9, the New Jersey Turnpike, I-78, and Newark Liberty Airport are also noted as nearby transportation connections.
Key Highlights
- 300‑square‑foot commercial space
- Built in 2024 and available for immediate occupancy
- MX‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,781
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,620
$95.6K
Cap Rate 7%
$68,300
$68.3K
Cap Rate 9%
$53,122
$53.1K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$9.0K $30.00/SF
− Vacancy
−$1.4K −$4.50/SF
EGI
$7.7K $25.50/SF
− OpEx
−$2.9K −$9.56/SF
NOI
$4.8K $15.94/SF
Area
Newark, NJ
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,620
Cap Rate 7%
$68,300
Cap Rate 9%
$53,122
Alternative Uses
Best Use
Retail
$81.8K
$71.6K – $95.5K
NOI $5,727 @ 7.0% cap
Second Best
Mixed Use
$68.3K
$59.8K – $79.7K
NOI $4,781 @ 7.0% cap
Theoretical Best
Office A
$106.3K
$93.0K – $124.0K
NOI $7,441 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,615
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 19%
Groceries 13%
Hotels & Casinos 4%
Dollar Tree
Shops & Services
18,019 visits/mo
0.4 miles
Dunkin' Donuts
Dining
15,034 visits/mo
0.3 miles
Bank of America
Shops & Services
10,383 visits/mo
0.4 miles
Superfresh
Groceries
10,331 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,600 visits/mo
0.5 miles
Demographics for 07114, NJ
17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Newark, NJ
Properties on Market for Mixed-use properties in Newark
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly built suite features tile flooring, central HVAC, and MX-2 zoning.
Where is this mixed-use property located?
The property is located at 529 Mulberry Newark, NJ.
What are key features of this property?
This property features: 300‑square‑foot commercial space; Built in 2024 and available for immediate occupancy; MX‑2 zoning
