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Property profile & analytics

111 Mulberry St Newark, NJ 07102

  • Office Properties & Spaces
  • 1.86 lot acres
For Lease
Last Sale
Jul 15, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1640386
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Renaissance Towers Association Inc / Condominium Complex
  • CASHLAKE BUY HOUSES 🏘 / Real Estate Agency
  • B2B Transportation Services / Trucking Company
  • Waldo Lofts Condo Association / Condominium Complex
  • Icon Parking / Parking Lot & Garage

Property Details for 111 Mulberry St

Year built
1900
Lot size
1.86 lot acres
Property type
Office Properties & Spaces
APN
14 00147-0000-00046-0000-C1102
APU
14001470000000460000C1102

Description

This exceptional 1,000 square foot ground floor commercial space is situated within a well-maintained 70-unit apartment complex at 111 Mulberry Street, Newark, NJ 07102. Located in Essex County, this Class B property offers a prime opportunity for medical office or storefront retail use. Built in 1988, the entire building encompasses 83,740 square feet, with this suite representing a single, readily available unit. The space is ideal for a variety of medical practices or retail businesses seeking high visibility and convenient access. The property's location within a residential complex provides a built-in customer base and ensures consistent foot traffic. This presents a unique chance to establish a thriving business in a densely populated area of Newark. The address is easily accessible, offering excellent visibility and convenient parking options for both patients and customers. The space is currently vacant and ready for immediate occupancy, allowing for quick setup and commencement of operations. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Newark neighborhood. The property's existing infrastructure and convenient location make it an attractive investment for businesses seeking a strong foothold in the Newark market. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1698
Latitude
40.7354
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,441
$43,100
$129,300
$172,400
-
$43,100
$129,300
$172,400
More about this property
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