Apartment Building Investment Opportunity

529-531 Mulberry St., 526-532 Mulberry St. & 166-170 Emmet St., Newark, NJ 07114

Accepting Offers

Asking Price

529-531 Mulberry St., 526-532 Mulberry St. & 166-170 Emmet St., Newark, NJ 07114

Asset Type: Real Estate

Estate: Fee Simple

Property Size: 61,425 SF

Property Type: Multifamily

Number of Units: 63

529-531 MULBERRY STREET (±12,760 SF) consists of 15 apartments and 1 retail/commercial unit - one retail/commercial unit (±360 SF); three studio apartments (±508 SF); one 1-bedroom apartment (±747 SF); eleven 2-bedroom apartments (±902-986 SF) and 8 parking spaces. Property taxes $35,520.
526-532 MULBERRY STREET (±32,796 SF) consists of 28 apartments - twenty-two 2-bedroom, 2 bath; five 1-bedroom, 1 bath; one studio and 17 parking spaces. Property taxes $68,465.
166-170 EMMET STREET (±15,869 SF) consists of 19 apartments - four 1-bedroom apartments (±548 SF); fourteen 2-bedroom apartments (±881-896 SF); one large 2-bedroom apartment with private balcony (±1,213 SF) and 14 parking spaces. Property taxes $42,180.
New construction in "lease up."
Financial and due diligence information available after NDA is signed.