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$700,000

  • For Sale
  • Active
  • Retail
See This Home
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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.

Full Property Details for 246 Mulberry St

General

  • Price: $700,000
  • Taxes: $7,398 (2025)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4035399
  • Updated: 7/7/2026
  • Added to Site: 23 day(s) ago

Business

  • Includes: Building & Land

Rental Information

  • Lease/Rent Term: Gross
  • Lease Includes: Building Insurance, Cooling, Electric, Gas, Heat, Sewer, Trash Removal, Water
  • Lease Terms: 3-5 Year Minimum

Interior

  • Flooring: Vinyl-Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Burglar Alarm, Exhaust System, Kitchen Area, Restrooms - Private, Smoke Detector

Parking

  • Parking: On-Street Parking

Location

  • County: Essex
  • Driving Directions: Broad to Franklin to Mulberry
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning
  • Heating Type: 1 Unit, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Available
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Wood
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door
  • Roof: Flat
  • Ceiling Height: 12
  • Door Dimensions: 8
  • Stories in Building: 1
  • Square Feet: 1,806
  • Aprox. Leasable: 1,806 Sq. Ft.
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size: 24X97
  • Zoning: Commercial

Financial Considerations

  • Price Per Sq. Ft.: $387
  • Assessment Amount: $185,000
  • Land Assmt: $90,000
  • Tax Amount: $7,398
  • Tax Year: 2025
  • Owner Pays: Trash Removal
  • Tenant Pays: Electric, Gas, Heat, Hot Water, Sewer, Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses, Leases
  • APN: 1614-00872-0000-00040-0000-
  • Block: 872
  • Lot Number: 40

Listed by Exp Realty, Llc

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Listing agent

— 246 Mulberry St —

  • Exp Realty, Llc

201-639-4940

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 246 Mulberry St

School District:Newark City School District
NameGradesDistance
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-80.3 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-80.4 mi
Wilson Avenue Elementary School
19 Wilson Ave, Newark, NJ 07108
K-80.9 mi
East Side High School
238 Van Buren Street, Newark, NJ 07105
9-120.8 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-121.2 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-121.3 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.3 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.3 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 246 Mulberry St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$700,000
460%
MLS
8/24/2015
Sold
$125,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 246 Mulberry St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,398
7%
$185,000
—
2023
$6,897
—
$185,000
—
2022
$6,912
1%
$185,000
—
2021
$6,875
32%
$185,000
—
2021
$5,208
-24%
$185,000
—
2018
$6,832
-2%
$185,000
—
2019
$6,958
-17%
$185,000
-21%
2017
$8,366
3%
$235,000
—
2016
$8,084
4%
$235,000
—
2015
$7,776
7%
$235,000
—
2014
$7,287
—
$235,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 246 Mulberry St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Exp Realty, Llc

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246 Mulberry St, Newark, NJ 07102 (MLS# 4035399) is a Retail property. 246 Mulberry St is currently listed for $700,000 and was received on June 18, 2026. Want to learn more about 246 Mulberry St? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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