Industrial Building For Sale

For Sale

488-500 Mulberry Street, Newark, NJ 07114

This Newark property for sale is located at 488-500 Mulberry Street. The current listed sale price for Industrial Building For Sale is $10,700,000. Industrial Building For Sale is situated on a lot that is 1.82 acre in size.

Contacts

broker
William Sitar Jr.

Sitar Realty Company

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 56,692 SF
  • Lot Size 1.82 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 16, 2025
  • HVAC None
Adjacent to Newark's Design District, this property is also known as 190 Murray Street and is located one block from Highway 21 and in close proximity to Routes 9, 78, 95, and 280.Industrial warehouse for sale in NewarkWarehouse space for lease in Newark
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Highlights

  • Fully leased industrial building with net operating income of ±$640,000; tenants have flexible leases
  • Owner can vacate ±3,300 SF office, ±7,638 SF mezzanine and ±16,000 SF warehouse for user buyer
  • Zoned MX-2 Med-Density Res/Comm/Industrial; Redevelopment zoning for 8-story residential
  • 3 tailboard doors and 4 drive-in doors; ceiling height 16'
  • Property taxes ±$57,000
  • Dropbox available with signed NDA
  • Owner financing available

Getting around

  • 80/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newark, NJ
  • Neighborhood South Ironbound
  • Zip Code 07114
  • Market New Jersey

Points of Interest

  • Washington Street

    1.23 miles

  • Newark Liberty Airport

    1.38 miles

  • NJPAC/Center Street

    1.41 miles

  • Warren Street/NJIT

    1.55 miles

  • Harriet Tubman Square

    1.63 miles

  • Harrison

    1.66 miles

  • Atlantic Street

    1.66 miles

  • P4

    1.69 miles

  • Riverfront Stadium

    1.76 miles

  • Broad Street Station

    1.85 miles

  • Mobil

    0.28 miles

  • Lukoil

    0.29 miles

  • Exxon

    0.62 miles

  • Speedway

    0.67 miles

  • Valero

    0.69 miles

  • BP

    0.75 miles

  • Sunoco

    1.21 miles

  • Tesla Supercharger

    2.87 miles

  • Greenspot

    7.63 miles

  • First Choice Limousine and Car Service

    0.44 miles

  • Supreme Carwash

    1.36 miles

  • Zipcar

    2.17 miles

  • Budget

    2.31 miles

  • National

    2.60 miles

  • SIXT Rent a Car Newark Int Airport

    2.62 miles

  • Dollar

    2.62 miles

  • Enterprise

    2.63 miles

  • Avis

    2.64 miles

  • Hertz

    2.64 miles

  • Halal boyz

    0.26 miles

  • Dunkin'

    0.31 miles

  • Soul Food Chess House

    0.35 miles

  • McDonald's

    0.43 miles

  • Margaret's Deli Restaurant

    0.45 miles

  • Papa John's

    0.55 miles

  • Delicia de Minas Restaurant

    0.57 miles

  • Lagos Spot

    0.66 miles

  • Casa d'Paco

    0.72 miles

  • Chateau of Spain Restaurant

    0.73 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
William Sitar Jr.

Sitar Realty Company

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