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Newark City, NJ 07104 441-443 Mount Prospect Ave

441-443 Mount Prospect Ave Newark City, NJ - Image 1441-443 Mount Prospect Ave Newark City, NJ - Image 2441-443 Mount Prospect Ave Newark City, NJ - Image 3
Presented By: ROSA AGENCY; 973-589-7550
  • Garden State MLS (GSMLS) - 38 - NJ
  • MLS# 3964450
  • 05/21/2025
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Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
  • Full/Half Baths • 0 / 12

Home Details

Prime Mixed-Use Investment Opportunity in Thriving Business DistrictOutstanding opportunity to own a well-maintained mixed-use building ideally situated in the heart of a high-traffic business district. This versatile property features 10 fully-leased residential units and 2 ground-level commercial storefronts, offering excellent cash flow and long-term appreciation potential.The residential units consist of a mix of spacious 1- and 2-bedroom apartments, and strong rental histories. The commercial spaces benefit from high visibility and foot traffic, making them ideal for retail, office, or service-based tenants.
Presented By: ROSA AGENCY; 973-589-7550

Interior Features for 441-443 Mount Prospect Ave

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath10
Num Units w/Half Bath2
Half Baths12

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units2
Num 1 Bdrm Units8
BasementUnfinished
FlooringTile
Fuel TypeGas-Natural
Total Stories3

General for 441-443 Mount Prospect Ave

ConstructionBrick/Block
CoolingCentral Air
CountyEssex
DirectionsBloomfield Ave to Mt Prospect Ave.
Documents AvailableSee Remarks
DriveNone
EasementUnknown
Equipment AvailableFire Alarm
Garage Spaces
HeatingForced Hot Air
Leasable Area
LocationSee Remarks
Num Apts10
Number Of Units Total13
OwnershipFee Simple
PossessionAt Closing
Property TypeSee Remarks
Property TypeSee Remarks
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount21730
Tax Assessed Value571400
Tax Lot17
Tax Year2024
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built9999
ZoningN/A

Exterior for 441-443 Mount Prospect Ave

Building Area Total
Exterior DescriptionBrick/Block
Lot Dimensions50X254A
Lot Size Acres254.00
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water

Additional Details

Price History

Glenn Wechsler and Rob DiMeo Team

Price $2,799,000
MLS#3964450
List Date 05/21/2025
Property Type Commercial
Phone 201.777.0660
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