327 Mulberry St

Newark City, NJ
$ 2,300,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Have the rare opportunity to own this asset that is swimming with potential and opportunity. Located only four blocks from the Prudential Center, this mixed use commercial space is one in a million. Not only is this shell being sold, but so is the grocery/liquor store WITH the liquor license. Have the potential to keep the grocery store, or convert it into a restaurant, a bar, a liquor/beer store, etc. The opportunities are endless. This building has an 8% cap rate. Don't delay-- make an appointment now.

Commercial

  • Price
  • $ 2,300,000
  • Lot Size
  • 2,178 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1950
  • Half Bathrooms
  • 5
  • City, Zip
  • Newark City
  • Taxes
  • $ 13802
  • County
  • ESSEX
  • Style
  • Apartment Complex
  • Area
  • Newark City
  • MLS#
  • 3689289
  • Zip
  • 07102
Listing Provided by: KELLER WILLIAMS METROPOLITAN
Data Source: Garden State MLS

Features

General

Basement Full, Unfinished, Walkout
Construction Brick/Block, Formed Concrete
Cooling Wall A/C Unit(s)
Drive 2 Car Width
Flooring Vinyl-Linoleum
Garage Spaces 2
Heating Baseboard - Hotwater
Num Apts 4
Property Type Apartment Complex
Property Type Apartment Complex, Mixed Use, Store With Apartment
Roof Flat
Sewer Public Sewer
Tax Annual Amount 13802
Total Units 5
Town # 1614
Township Newark City
Utilities All Underground
Zoning UK

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 4
Num Units W/full Bath 4

Exterior Features

Exterior Description Brick/Block, Concrete
Lot Dimensions 25X85
Lot Features Corner
Max Ceiling Height 9
Max Door Height 7
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chatham, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/27/2021 Listed $2,500,000
5/14/2021 8% - $2,300,000

Property vs Zip Code Average in 07102

Price
AVG $1.03M
$2.3M
Taxes
AVG $29,136
$13,802
Visits
AVG 120
181
Year Built
AVG 1923
1950
Walkscore
AVG 89
89
Data Provided by Walkscore ® not using MLS data

Map

327 Mulberry St Newark City, NJ is a Single Family Home for sale at $2300000 and a lot size of 2,178 SqFt Acre(s). 327 Mulberry St Newark City has 0 bedrooms, 0 baths and was built in 1950. The property's zip code is 07102 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.