Industrial Building For Sale

488-500 Mulberry Street Newark, NJ 07114

488-500 Mulberry Street, Newark, NJ, 07114
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FOR SALE
Property Type:
Warehouse
Amount:
$11,500,000
Last Verified:
Jun 25, 2026

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Highlights

  • Fully leased industrial building. Tenants have flexible leases.
  • Owner can vacate ±3,300 SF office, ±5,000 SF mezzanine and ±13,000 SF warehouse for user buyer.
  • Zoned MX-2 Med-Density Res/Comm/Industrial; Redevelopment zoning for 8-story residential.
  • 3 tailboard doors and 5 drive-in doors; ceiling height 16'-20'.
  • Drive-in doors between units as well.
  • Property taxes ±$57,000 per year.
  • Dropbox available with signed NDA.
  • Owner financing available.

Description

Industrial warehouse for sale in Newark

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.

Building Size: 53440sq ft
Lot Size: 1.82 acres


Documents

Newark 488 Mulberry Street Sale Brochure

Map of 488-500 Mulberry Street, Newark, NJ, 07114

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.