524 Mulberry St Newark, NJ $ 895,000
524 Mulberry St
$ 895,000
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524 Mulberry St

Newark, NJ, 07114
$ 895,000
Bedrooms12 Baths6.0

Monthly Estimate*

$ 6,182

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Multi-Family Home for sale in Newark, NJ

for $895,000 with 12 bedrooms and 6 full baths. This home was built in 1905 on a lot size of 0.06.

INCREDIBLE INVESTMENT OPPORTUNITY IN NEWARK'S HIGHLY DESIRABLE SOUTH IRONBOUND SECTION!INVESTORS, THIS IS THE OPPORTUNITY YOU'VE BEEN WAITING FOR! Spacious legal three-family property packed with income-producing potential! Each of the three units features 3 bedrooms plus additional bonus rooms, offering generous space and flexibility. The basement also includes three additional bonus spaces with exciting possibilities, subject to municipal approvals.LOCATION, LOCATION, LOCATION! Ideally situated near Newark Liberty International Airport, Prudential Center, major highways, public transportation, restaurants, shopping, and entertainment! This prime location offers exciting potential for short-term, mid-term, and long-term rental strategies, subject to local regulations and approvals.With projected gross rental income potential of $10,500+ MONTHLY and $126,000+ ANNUALLY, the possibilities are tremendous!SO MUCH POTENTIAL! A CASH COW IN THE MAKING! Whether you're expanding your investment portfolio or looking for your next income-producing property, THIS IS ONE YOU DON'T WANT TO MISS!BRING YOUR BEST OFFER AND LET'S MAKE THIS CASH COW YOURS!

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Multi-Family Active

Price

$ 895,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 13,840

Style

3-Three Story

Lot Size

0.06

Year Built

1905

Town/City

Newark

County/Region

Essex

MLS | Web ID

4062921

Features
General
Sewer Public Sewer
Heating 3 Units Forced Hot Air
Cooling 3 Units Central Air
Utilities Gas In Street
Possession Immediately
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1905
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 19
Full Baths 6
Status Active
Directions Use Google Maps
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 13840
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 346100
Town # 1614
Tax Lot 5
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Interior
Basement Finished Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 12
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
Mary Griess

Listing Agent

Weichert Realtors

Broker

Clifton

Office

Affordability Calculator

$7,335
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,182
Monthly Property Taxes
$1,153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$895,000 Listed Price

Map


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524 Mulberry St, Newark, NJ, 07114 is a Multi-Family Home for sale at $895,000 with a lot size of 0.06. 524 Mulberry St has 12 bedrooms, 6.0 baths, and was built in 1905. The property's zip code is 07114 which is in Newark, NJ