246 Mulberry St #1Newark City, NJ 07102

Commercial · 1,806 Sq. ft. | 0.05 Acres
$700,000 Active

246 Mulberry St #1 Overview

Time on Site:
11 days
Visits:
0

An exceptional turnkey opportunity awaits in this premium 1,800 sf commercial property located in a redevelopment zone. The linear layout maximizes every inch, transitioning from a main lounge into a back-of-house setup and an outdoor oasis. The main lounge area blends contemporary urban flair with upscale comfort. Sleek, marble-patterned flooring spans the interior, contrasted against striking brick feature walls and textured masonry. A prominent dry bar anchors the room, boasting a slatted-wood facade and glass shelving. Accompanied by premium leather booths, this space provides an intimate atmosphere for an upscale lounge experience, complete with two private bathrooms. Behind the scenes, the establishment features a functional prep kitchen designed for quick service. The stainless steel-lined kitchen includes a multi-compartment sink, dedicated glassware shelving, and refrigeration space. In the back of the property you'll discover a spectacular enclosed patio that functions as a private urban escape.

Listing provided courtesy of EXP REALTY, LLC- MLS# 4035399MLS ProviderContact Information: 201-639-4940
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246 Mulberry St #1 Facts & Features

  • Type Commercial
  • Sq. ft. 1,806
  • Price/Sq.ft. $388
  • Lot 0.05 Acres

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Essex
  • Location: Business District

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Rent/Lease Information

  • Lease Includes: Building Insurance, Cooling, Electric, Gas, Heat, Sewer, Trash Removal, Water
  • Lease Information: 3-5 Year Minimum
  • Lease Type: Gross
  • Tenant Pays: Electric, Gas, Heat, Hot Water, Sewer, Water

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $7,398.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.999
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building & Land
  • Property Sub Type: Restaurant
  • Property Type: Commercial
  • Zoning: Commercial

Interior

Building Information

  • Available Sq Ft: 1806
  • Equipment Available: Burglar Alarm, Exhaust System, Kitchen Area, Restrooms - Private, Smoke Detector
  • Max Ceiling Height: 12
  • Max Door Height: 8
  • Office Sq Ft: 0

Beds/Baths

  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 1806

General Information

  • Cooling: 1 Unit, Central Air
  • Flooring: Vinyl-Linoleum
  • Heating: 1 Unit, Forced Hot Air
  • Stories: 1

Unit Information

  • Unit Number: 1

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: On-Street Parking

Lot Information

  • Approximate Lot Size: 24X97
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Wood
  • Exterior Description: See Remarks
  • Roof: Flat

General Information

  • Number Of Units Total: 1
  • Sewer: Public Available
  • Utilities: Gas-Natural

246 Mulberry St #1 Neighborhood

Community

07102 (Newark City) Demographics

34
Median Age
11,361
Population Density (per sq. mile)
31%
College Educated
$28,990
Estimated Median Income
537
Estimated Total Home Owners
5,184
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

246 Mulberry St #1 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

246 Mulberry St #1 Market Data

Based on the last 30 days in this zip code

$448,737
Average List Price
$2,867
Average Price per Square Foot
0
Properties Sold
92
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

246 Mulberry St #1 History

Date Event Value Agent
6/18/2026Source: Garden State MLS Added to Database
June 18, 2026