524 Mulberry St
Newark City, NJ 07114
Price: $795,000
GSMLS: 4060172Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 12
Baths: 6 Full
Garage: No
Year Built: 1905
Acres: 0.06
Property Tax: $13,840
Description
Open House Saturday 1PM–3PM.
ATTENTION BUYERS & INVESTORS! Discover the incredible income potential of 524 Mulberry Street, Newark! This spacious THREE-FAMILY property features THREE bedrooms PLUS BONUS ROOMS on EACH floor, along with THREE additional studio-style spaces with bathrooms on the lower level! With updates already completed, this property offers an exciting opportunity for homeowners and investors alike! POTENTIAL RENTAL INCOME OF UP TO $10,450 PER MONTH ($125,400 ANNUALLY)! Whether you're looking to owner-occupy, generate long-term rental income, expand your investment portfolio, or explore short-term rental opportunities, THE POSSIBILITIES ARE ENDLESS! Conveniently located near Newark Liberty International Airport, NYC transportation, the Prudential Center, shopping, dining, and major highways! Enjoy existing improvements with room to personalize and maximize future value. LIVE, RENT, HOLD OR INVEST! Don't miss this versatile income-producing opportunity. Schedule your private showing TODAY!General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
19
Basement:
Yes - Finished, Full, Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$795,000
Tax Amount:
$13,840
Land Assessment:
$66,500
Build. Assessment:
$279,600
Total Assessment:
$346,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4060172
List Date:
10-20-2026
Days On Market:
2
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Mary Griess
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
