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Leslie Russell Associate Broker/Consultant
Multi State Realtor
ASR ABR
Cell: (215) 694-9169

524 Mulberry St, Newark, NJ 07114

$895,000
  • 524 Mulberry St, Newark, NJ 07114 Main Photo

32 Photos

New to the Market Active
BEDS12 BATHS6 full MLS#4062921
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

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!

524 Mulberry St | MLS# 4062921

This multi-family property located at 524 Mulberry St, Newark, NJ 07114 is currently listed for sale with an asking price of $895,000. Search Newark real estate on lrussell.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walkout
Cooling: 3 Units, Central Air
Fuel Type: Gas-Natural
Heating: 3 Units, Forced Hot Air
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $13,840
Year Built: 1905

Feature Descriptions

Days on Site: 3
Driveway: On-Street Parking
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: Gas In Street
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: WEICHERT REALTORS
Agency Contact: 973-979-5152

Shown By

Agent Name: Leslie Russell Associate Broker/Consultant
Agent Phone: Cell: (215) 694-9169
Agency Title: RealtyMark

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Estimated Payment

$ 3,406.26 per month $1,991.88 Principal & Interest $1,153.33 Property Tax $261.04 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 11/07/2026. The listing information on this page last changed on 11/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 11/07/2026 5:33:20 AM EST) or Stellar MLS (last updated Sat 11/07/2026 2:10:10 AM EST) or GSMLS (last updated Sat 11/07/2026 12:24:17 AM EST) or Emerald Coast MLS (last updated Sat 11/07/2026 12:05:30 AM EST) or Fort Myers (last updated Fri 11/06/2026 11:05:13 PM EST) or Central Panhandle Association of Realtors (last updated Sat 11/07/2026 1:17:20 AM EST) or Northeast Florida MLS (last updated Sat 11/07/2026 12:18:55 AM EST) or Beaches MLS (last updated Sat 11/07/2026 2:38:07 AM EST) or Naples MLS (last updated Fri 11/06/2026 11:40:24 PM EST) or Bright MLS (last updated Sat 11/07/2026 12:33:33 AM EST) or OneKey MLS (last updated Sat 11/07/2026 1:45:19 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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