Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office Units

    244 Mulberry St, Newark, NJ 07102

    Built 1980
    Property ID
    US59-0029496
    Property summary
    AI-generated overview

    This exceptional 1200 square foot creative office space, located at 244 Mulberry Street in Newark, New Jersey's vibrant downtown submarket, presents a unique opportunity. Built in 1980, this single-tenant property is zoned COM and offers a desirable open loft layout perfect for a variety of businesses. The second-floor location boasts high ceilings and a large arched window, creating a bright and airy atmosphere. Central air and heat ensure year-round comfort. The space includes two separate restrooms, a feature often sought after by businesses, and separate utilities for efficient cost management. A versatile additional room can function as a private office or storage area, adding to the space's flexibility. Its strategic location directly across from Newark's municipal buildings, City Hall, the courts, and the Prudential Center provides unparalleled visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access to city services. This property is perfect for businesses seeking a unique and well-located space in the heart of Newark.

    Property profile
    Verified
    Property type Office Units
    Year built 1980
    UPID US59-0029496
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ORALE WEY MEXICAN RESTAURANT Restaurant
    • Fernandos Mediterranean Cuisine Restaurant
    • LUSTOPIA Music Venue Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 244 Mulberry St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message