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12 Beds
6 Baths

$895,000

524 Mulberry Street, Newark NJ, 07114

Property typeMulti-family
Listed by Mary Griess with Weichert Realtors, Clifton 973-979-5152

Overview

Active

Active - Active

Listed Nov 4, 2026

Updated 3 days ago

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!

$5,954/mo

Est. mortgage payment based on a $895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26041890

Interior Features

Bedrooms
12
Bathrooms
6
Basement
No

Other Property Details

Taxes
$13,840
Tax Frequency
Annually
Association Fee Frequency
Monthly

Also listed on GSMLS

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Listed by Mary Griess with Weichert Realtors, Clifton 973-979-5152

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than SERHANT. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  11/5/2026. Source:  New Jersey Multiple Listing Service, Inc.

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