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529-531 Mulberry Street & 166-170 Emmet

2 Multifamily Properties in Newark, NJ

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Investment Highlights

New construction in "lease up."

Two newly constructed apartment buildings for sale.

Executive Summary

Two newly constructed apartment buildings for sale. Located in the desirable Ironbound section near Newark Penn Station, public transportation, Newark Airport and major highways.
529-531 MULBERRY STREET (±12,760 SF) consists of 15 apartments and 1 retail/commercial unit - 1 retail/commercial unit (±360 SF), 3 studio apartments (±508 SF), 1-bedroom apartment (±747 SF), 11 2-bedroom apartments (±902-986 SF) and 8 parking spaces. Property taxes $35,520.
166-170 EMMET STREET (±15,869 SF) consists of 19 apartment - 4 1-bedroom apartments (±548 SF), 14 2-bedroom apartments (±881-896 SF), 1 large 2-bedroom apartments with private balcony (±1,213 SF) and 14 parking spaces. Property taxes $42,180.

Brochure