NJ > Newark City
Newark City, NJ 07104,650 Mount Prospect Ave
Newark City, NJ 07104,650 Mount Prospect Ave
Newark City, NJ 07104,650 Mount Prospect Ave
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$800,000
Est. payment /mo
3,000 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $266

MLS Listing ID 3952910

Annual Tax Amount $11,256

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

Attention Investors! Discover an exceptional opportunity to develop in the highly sought-after Forest Hill Section of Newark. This mixed-use property features two combined lots: Lot 17 measures 25 x 130 and 25 x 60, while Lot 18 offers 25 x 150. The site includes an existing building currently and two fully rented apartments, along with a dedicated parking lot. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity!

Location

State NJ

County Essex

Zoning BUS

Rooms

Basement Unfinished

Interior

Heating OilAbOut

Cooling No Cool

Flooring Laminate, Tile, Wood

Equipment Restrooms - Private, Restrooms - Public, Smoke Detector

Heat Source OilAbOut

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 12.0

Utilities Available Gas In Street

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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