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218 Mulberry St
Newark City NJ 07102-3528 US

$5,800,000

Active Listing ID 4004798
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Lot: 0.08 Acres
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Other

$5,800,000

Active Listing ID 4004798
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218 Mulberry St A rare opportunity to acquire a fully income-producing mixed-use property in the heart of Downtown Newark's Arena District, steps from the Prudential Center and Mulberry Commons Park. 218 Mulberry Street offers immediate cash flow with significant long-term upside in one of Newark's most active redevelopment corridors. The property features a strong commercial anchor tenant generating approximately $240, 000 annually, plus four residential units above, providing a diversified income stream with total annual income of approximately $349, 200 and a net operating income of approximately $291, 900. Operating expenses are low, tenants pay all utilities, and the property is owner-managed. All leases are month-to-month, offering incoming ownership flexibility to lock in long-term leases, optimize rents, or reposition the asset. Located within a major redevelopment zone surrounded by substantial public and private investment, the property is widely regarded as a strategic parcel in the continued transformation of Downtown Newark. Ideal for 1031 exchange buyers, long-term hold investors, value-add strategies, or assemblage-minded buyers seeking stable income today with meaningful future potential.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Flat

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 5800000
  • unparsedaddress: 218 Mulberry St
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07102-3528
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 39500
  • livingareaunits: Square Feet
  • latitude: 40.7314
  • longitude: -74.17114
  • listagentfullname: HECTOR R. ROJAS
  • listagentemail: Hector@TheEastCoastTeam.com
  • listagentkey: 3yd-GSMLSNJ-297002
  • listagentmlsid: 297002
  • listagentpreferredphone: 9737862247
  • listagentofficephone: 8662016210
  • listofficekey: 3yd-GSMLSNJ-5028
  • listofficemlsid: 5028
  • disclaimer: Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1900
  • listingcontractdate: 2026-01-13
  • listagenturl: http://nj.exprealty.com
  • countyorparish: Essex
  • constructionmaterials: Brick
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.17114, 40.7314
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Hector@TheEastCoastTeam.com", "ListBrokerageCity":"Montclair", "ListBrokerageCountry":"US", "ListBrokerageEmail":"NJ.Broker@eXpRealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/8154d890696a11e6bd150242ac110004/20191204120339495.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(866) 201-6210", "ListBrokeragePostalCode":"07042", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"28 Valley Rd Ste 1", "ListBrokerageWebsiteUrl":"http://nj.exprealty.com", "ListOfficeAddress1":"28 VALLEY ROAD", "ListOfficeAddress2":"#1", "ListOfficeBrokerMlsId":"289311", "ListOfficeCity":"MONTCLAIR", "ListOfficeCountry":"US", "ListOfficeEmail":"NJ.Broker@eXpRealty.net", "ListOfficePostalCode":"07042", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Newark City, NJ", "ListingURL":"https://listings.listhub.net/pages/GSMLSNJ/4004798/?channel=rexren", "MLSModificationTimestamp":"2026-01-13T08:24:52Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":36877, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/13/2026 4:09:37 PM GMT
Source Updated Date: 2/23/2026 6:52:35 AM GMT

Courtesy of: HECTOR R. ROJAS, EXP REALTY, LLC, Hector@TheEastCoastTeam.com

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.