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Listed with Dyana Liborio | (973) 454-5420, RE/MAX Lifetime Realtors
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Introducing a rare investment opportunity in the Ironbound Section of Newark. The original Ace Tool & Manufacturing Company located at the corner of Mulberry St & Emmet St has been completely rebuilt into this stunning 4 level apartment building w/ a brand new 4th flr addition consisting of 28 custom designed units, (22 two-bedrm 2 bath units ; 5 one-bedrm units & 1 studio unit) for a grand total of -50 bedrms & 50 baths. Fully occupied w/ no vacanies! Building has New fire sprinkler system, large elevator, a garbage chute, and laundry facilities on each level that provide additional income. Building has a large gym & parking lot consists of 16 parking spaces that brings in additional income. This unique building has 28 luxury apartments each unit includes fire rated entry doors, prewired Fiber Optics, custom built kitchens w/ stainles appliances (Microwave, Refrigerator, & dishwasher, stove), quartz countertops.Close to Path, train & bus station, Newark airport & universities.
| DAYS ON MARKET | 36 | LAST UPDATED | 8/25/2023 |
|---|---|---|---|
| TRACT | 0714 | YEAR BUILT | 0 |
| COMMUNITY | Newark | COUNTY | ESSEX |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Newark |
|---|---|
| HOA DUES | Common Area,Snow,Water |
| STYLE | 26-50, 5+Family |
| SUBDIVISION | 0714 |
| TAXES | 43633 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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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 Sotheby's 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: 9/30/23 10:34 AM PDT Source: New Jersey Multiple Listing, Inc.
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