SOLD
Mulberry Gardens LLC Acquires Development Site In Newark For $5M
514 Mulberry Street
Development Site
3,497 SF
3,497 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Development Site
3,497 sqft
In a recent closed transaction, a development site located at 514 Mulberry Street in Newark was sold for $5,000,000. The property, spanning 2.56 acres, was listed with an asking price of $5,200,000. The sale price translates to a price per acre of approximately $1,953,125. The transaction took place on March 1, 2021.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,000,000
- Address: 514 Mulberry Street, Newark
- Market: Newark
The buyer, Mulberry Gardens LLC, successfully acquired the property from the seller, Mybar Realty LLC. Facilitating the transaction was broker Bobby Antonicello Jr. of an undisclosed agency.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Bobby Antonicello Jr.
DATE: 03/01/2021
ADDRESS: 514 Mulberry Street
MARKET: Newark
ASSET TYPE: Development Site
BUYER: Mulberry Gardens LLC
SELLER: Mybar Realty LLC
BROKER: Bobby Antonicello Jr.
ASKING PRICE: $5,200,000
SALE PRICE: $5,000,000
ACRES: 2.56 ~ PPA: $1,953,125View on map
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Address514 Mulberry Street
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