--- title: "218 Mulberry, Newark, NJ 07102" description: "218 Mulberry, Newark, NJ 07102 — Newark, ESSEX, NJ. Listing Price $5800000. Studio bed Illustrative Buyer Commission Share of $87,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newjersey/newark/07102/218-mulberry-nj-07102" source: "Real Estate Rebate Team" status: "Active" --- # 218 Mulberry, Newark, NJ 07102 Newark, ESSEX, NJ Courtesy of EXP Realty, LLC ## At a Glance - **Listing Price**: $5800000 - **Beds**: Studio - **Baths**: 0 - **Monthly Taxes**: $2,815 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $5,800,000 - **Illustrative Buyer Commission Share**: -$87,000* - **Illustrative Net Cost**: $5,713,000 *Illustrative Buyer Savings of $87,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![218 Mulberry, Newark, NJ 07102 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c17c0cac-2afc-4c48-825c-370b879f63a2.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bda97a03-6272-41f8-8565-ef9c2df01ddc.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1a73d0af-b504-40e5-a560-0415d6b0811a.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3907ec05-9b73-4b64-aeee-05b8b38d1b90.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b8b0d4b-7b94-4465-b5eb-398989a45234.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e0510e7-cefd-4a01-b4ae-7decb121a86b.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b782259a-16cd-4a98-9cc3-40e63ed5c6c4.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e03c4372-47c4-41f4-81b3-a60fb9349c27.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92abb679-71c2-43e0-abba-8a968dd9c242.JPG) ![218 Mulberry, Newark, NJ 07102 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f47e76af-4087-4786-92cf-ae40423f7396.JPG) ## Property Overview 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. ## Property Details - **Property Type**: Retail - **Monthly Taxes**: $2,815 / mo - **Listed On**: Jan 13, 2026 - **Days on Market**: 242 Days ## Estimated Monthly Payment **$32,143 / month**, assuming a 20% down payment ($1,160,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $29,328 - **Property Taxes**: $2,815 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Newark City Explore more real estate and insights about Newark City. [Explore Newark City](https://realestaterebatesnewyork.com/neighborhoods/nj/essex/newark-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [Newark City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/nj/essex/newark-city) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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 RLS Data display by Real Estate Rebate Team LLC. 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 furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.