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A rare opportunity to acquire a fully income-producing mixed-use property in the heart of Downtown Newark's Arena District, steps from the Prudential Center and Mulberry Commons Park. 218 Mulberry Street offers immediate cash flow with significant long-term upside in one of Newark's most active redevelopment corridors. The property features a strong commercial anchor tenant generating approximately $240,000 annually, plus four residential units above, providing a diversified income stream with total annual income of approximately $349,200 and a net operating income of approximately $291,900. Operating expenses are low, tenants pay all utilities, and the property is owner-managed. All leases are month-to-month, offering incoming ownership flexibility to lock in long-term leases, optimize rents, or reposition the asset. Located within a major redevelopment zone surrounded by substantial public and private investment, the property is widely regarded as a strategic parcel in the continued transformation of Downtown Newark. Ideal for 1031 exchange buyers, long-term hold investors, value-add strategies, or assemblage-minded buyers seeking stable income today with meaningful future potential.

Newark City

218 Mulberry St

None Beds

None Baths

39,500 Sq.Ft.

$5,800,000

MLS#: 4004798

virtual tour link: https://newjerseyproper.com/645-summit-st-englewood-nj/ Call Jason Pierce 201 397 5888 or Richard Orlando 551 486 2065 with any questions. Welcome to North Cliffs newly constructed Modern Chic French Colonial with over 11,000 square feet of unmatched style designed by renowned architect Jordan Rosenberg and award winning interior designer Vanessa DeLeon. Less than 10 min to NYC a rare sanctuary with resort-like living,will impress even the most discerning buyer. Situated on an oversized 18,000 sqft corner oversized lot with interest on all angles, this ultra lux home offers 6 bedrooms 7 Full baths and 2 half baths with an uncompromising attention to detail. 1st flr junior suite. 2 home offices positioned on the 1st and 2nd level! 2nd flr living room with coffee bar. Elevator for all 3 flrs and backup generator. Inground saltwater pool with spa, outdoor kitchen/ covered patio and professionally designed landscaping. Completion date Q4 2025, this home will truly be in a class of its own.

Englewood Cliffs

645 Summit Street

6 Beds

7 Baths

N/A

$5,800,000

MLS#: 25022998

TURN KEY like New OCEAN FRONT in BRANT BEACH - LBI!!! Just open the door and enjoy the LBI Island Lifestyle.

Long Beach

6703 Ocean Boulevard

6 Beds

6 Baths

N/A

$5,795,000

MLS#: 22036983

Once in a lifetime opportunity to own the most magnificent home in Short Hills! This home is absolute perfection, with great natural light as it is south facing, on almost 2 acres! Plenty of room for a pool & tennis court! This classic English Manor has been meticulously expanded & restored to the highest specifications of David Rosen AIA. It has the perfect floor plan for entertaining on a grand scale or having a quiet night at home! You'll love the stunning new gourmet kitchen designed by Matthew Quinn that is totally open to the family room w/ fireplace. Both rooms have easy access to expansive brick patios & property. There is a separate butler's kitchen, formal music room, stunning wood-paneled dining room w/ fireplace, conservatory, home office w/built-ins, & wood paneled library w/ fireplace on first level. On the 2nd level there is a luxurious primary suite w/ fireplace, dressing room, two huge walk-in closets & two primary baths, 3 additional bedrooms & 3 more baths, massive home office with golf simulator & huge state of the art exercise room. There is a third level w/ 3 more bedrooms & full bath. Beautifully finished lower level has recreation room, wet bar, walk-in temperature controlled wine cellar, billiards room, playroom & ample storage. Easy 1st floor access to attached garages with Tesla charger. Improvements include: 2 new generators 2022, new furnace & New AC 2020, new EV charger 2019 & enough property for Pool & Tennis Court.

Millburn Twp.

2 Jefferson Ave

7 Beds

6 Baths

N/A

$5,795,000

MLS#: 3835353

6.3 picturesque acres surround this 9000+sf European gem. Designed by Bob Zampolin & built in 2010 with extensive trim & high ceilings & elevator to 3 floors. 4-car garage, massive kitchen opening to a large great room, generously proportioned bedrooms including very large primary suite. The lower level offers large recreation room w/fireplace & bar, wine cellar, theater, indoor lap pool w/fireplace/full bath w/sauna, bedroom/bath & more! 80 KW generator, 19 zones heat. Outdoor pool, full-service cabana, outdoor walking paths around the estate. This lightly used 15-year-old estate offers privacy & tranquility.

Saddle River

15 N Church Road

7 Beds

9 Baths

N/A

$5,795,000

MLS#: 26002920

Englewood Cliffs

50 Roberts Road

6 Beds

7 Baths

N/A

$5,775,000

MLS#: 26002406

PRICED TO SELL! PALATIAL BRICK COLONIAL MANOR HOUSE WITH PANORAMIC SOUTH AND WEST VALLEY AND SUNSET VIEWS! TENNIS COURT! 10,104 SQ.FT. HOME ON FIRST TWO LEVELS PLUS FULL FINISHED LOWER LEVEL. INDOOR POOL ON MAIN LEVEL WITH SOARING CEILINGS. DRAMATIC ROTUNDA ENTRY FOYER. LARGE DINING ROOM, LIVING ROOM, AND LIBRARY. FAMILY ROOM ADJACENT TO KITCHEN. LARGE MASTER SUITE WITH INCREDIBLE VIEWS. THE LOWER LEVEL IS MOSTLY GRADE LEVEL ACCESS TO REAR YARD. LARGE FLAT BACKYARD. ONE OF THE HIGHEST POINTS IN ALPINE!

Alpine

14 Autumn Terrace

7 Beds

8 Baths

N/A

$5,750,000

MLS#: 21011991

Saddle River

47 Fox Hedge Road

5 Beds

6 Baths

N/A

$5,750,000

MLS#: 26001479

Fully occupied six (6) unit, 2-story retail property with great tenant mix including 2 restaurants, beauty salon, nail salon, dentist and dry cleaning. Basement space for storage. About 14 on-site parking spaces and freshly paved municipal parking lot directly across. Great access to NYC and major highways. Please inquire for offering memorandum.

Fort Lee

799-803 Abbott Boulevard

None Beds

None Baths

N/A

$5,700,000

MLS#: 25000276

Alpine

28 Pike Street

5 Beds

6 Baths

N/A

$5,700,000

MLS#: 25004866

Alpine

379 Anderson Avenue

7 Beds

7 Baths

N/A

$5,699,000

MLS#: 26006990

NEW CONSTRUCTION. Gorgeous Views! This modern farmhouse is on approximately 1.026 acres and offers approximately 6,290 square feet with 10-11' ceilings on the first two floors, an additional 2,221 with 10' ceiling on the lower level. Chef's kitchen, formal & casual dining, great room, bar, library, office, mudroom, game room, gym, home theatre, mediation/yoga studio, infinity pool, outdoor kitchen, beautiful covered loggia, 3 fireplaces, 3 car garage, security system with cameras, Sonos audio +++. See floorplan for complete details. Exterior finish is stone with board and batten - no maintenance. Roof is standing seam galvalum aluminum. SEWER. Low taxes and award winning schools. Home is a Design/Build by KO-Group in Closter, NJ.

Alpine

385 Hillside Avenue

6 Beds

7 Baths

N/A

$5,695,000

MLS#: 22000423

RARE TURNKEY OPPORTUNITY offering resort-style living, private backyard oasis, heated SALT WATER POOL with retractable cover, outdoor kitchen. smart home technology & designer-level interior. As a bonus the home is being offered FULLY FURNISHED, inclusive of professionally curated interiors, designer furniture, statement lighting, custom window treatments, & high-end extras. Every detail has been thoughtfully executed delivering a magazine-ready, perfect lifestyle. A grand foyer welcomes you to light-filled living spaces, high ceilings, wide-plank white oak floors, & architectural detailing. The main level is designed for effortless living, built-in bar, private office with custom desk, & a spacious family room with a direct-vent gas fireplace. A first-floor guest room with en-suite bath offers privacy & comfort for guests. The chef's kitchen is a true showpiece, featuring Sub-Zero, Wolf, & Miele appliances, a dramatic quartzite island, walk-in pantry, & breakfast nook with bay window. Upstairs, the luxurious primary suite is a spa-like sanctuary with radiant heated floors, freestanding soaking tub, frameless glass steam shower & dual custom walk-in closets with private vanity. All bedrooms feature en-suite baths, complemented by a convenient laundry room & finished third-floor attic. The finished lower level with 10' ceilings, oversized gym, playroom, art room, performance stage, sauna, & a guest suite with egress window. PERFECTION!!

Millburn Twp.

21 Harvey Dr

7 Beds

6 Baths

N/A

$5,600,000

MLS#: 4006908

Experience the pinnacle of luxury living on the Jersey Shore with this stunning Shingle-style residence. Boasting 6 bedrooms and 6.5 bathrooms, this home is thoughtfully designed with premium finishes and impeccable attention to detail. Blending timeless charm with modern conveniences, itâ€™s perfect for entertainingâ€”featuring expansive living areas, an in-ground pool, and a generous patio complete with a covered deck. Located on a wide lagoon with 75 feet of waterfront, the property provides seamless access to the open bay. Residents will also enjoy nearby tennis courts, bocce, and exclusive gated beach access. If youâ€™re seeking the ultimate in waterfront elegance and craftsmanship, this architectural treasure delivers. Estimated completion: Early Spring 2026

Mantoloking

181 Squan Beach Drive

6 Beds

6 Baths

N/A

$5,595,000

MLS#: 26001514

For comp purposes only. Stunning 2018 construction offering 9,115 sq ft of finished space with panoramic views.

Summit City

73 Edgewood Rd

7 Beds

7 Baths

9,115 Sq.Ft.

$5,525,000

MLS#: 3971970

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