246 Mulberry St Newark, NJ $ 700,000
246 Mulberry St
$ 700,000
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246 Mulberry St

Newark, NJ, 07102
$ 700,000
Bedrooms-- Baths-- Sq 1,806
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Property for Rent in Newark, NJ

for $700,000 with 2 half baths. This 1,806 square foot property was built in 1950 on a lot size of 0.05.

An exceptional turnkey opportunity awaits in this premium 1,800 sf commercial property located in a redevelopment zone. The linear layout maximizes every inch, transitioning from a main lounge into a back-of-house setup and an outdoor oasis. The main lounge area blends contemporary urban flair with upscale comfort. Sleek, marble-patterned flooring spans the interior, contrasted against striking brick feature walls and textured masonry. A prominent dry bar anchors the room, boasting a slatted-wood facade and glass shelving. Accompanied by premium leather booths, this space provides an intimate atmosphere for an upscale lounge experience, complete with two private bathrooms. Behind the scenes, the establishment features a functional prep kitchen designed for quick service. The stainless steel-lined kitchen includes a multi-compartment sink, dedicated glassware shelving, and refrigeration space. In the back of the property you'll discover a spectacular enclosed patio that functions as a private urban escape.

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Rental Active

Price

$ 700,000

Half Bath

2

Taxes

$ 7,398

Style

Restarnt

Lot Size

0.05

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

4035399

Features
General
Sewer Public Available
Construction Wood
Heating 1 Unit Forced Hot Air
Cooling 1 Unit Central Air
Utilities Gas-Natural
Possession 30-60
Roof Flat
Zoning Commercial
Year Built 1950
Tenant Pays Electric Gas Heat Hot Water Sewer Water
Township Newark City
Property Type Restaurant Restarnt
Tax Year 2025
Ownership Fee Simple
Location Business District
Lease Information 3-5 Year Minimum
County Essex
Status Active
Directions Broad to Franklin to Mulberry
Number Of Units Total 1
Tax Annual Amount 7398
Drive On-Street Parking
Leasable Area 0
Lease Type Gross
Standard Status Active
Tax Assessed Value 185000
Town # 1614
Tax Lot 40
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Interior
Basement Bilco-Style Door
Flooring Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 1
Half Baths 2
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Exterior
Water Source Public Water
Exterior Description See Remarks
Building Area Total 1806
Lot Dimensions 24X97
Lot Size Acres 0.05
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* Excluded Features
List By
DEAN CLARK

Listing Agent

Exp Realty, Llc

Broker

Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$700,000 Listed Price

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246 Mulberry St, Newark, NJ, 07102 is a Property for Rent at $700,000 with 1,806 sqft and a lot size of 0.05. 246 Mulberry St was built in 1950. The property's zip code is 07102 which is in Newark, NJ