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$579,000

For Sale

12 hours ago

MLS® 4012645

12 Bed

6 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $11,905
Days Active 0
Lot Size 0.13 acres
Approx. Age 1837
MLS® Number 4012645

Property Address: 42 Mount Prospect Ave, Newark, NJ, 07104-1012

Average square foot calculated using Size range provided by listing agent.

Description

Full renovation opportunity for investors and developers! Welcome to 42 Mount Prospect Ave, a large 2-family property in Newark that has been fully gutted and is ready for a complete transformation. This expansive building offers a massive footprint with a total of 12 bedrooms and 6 full bathrooms across two oversized units, providing a strong foundation for a high-value renovation project. The property also includes a finished basement and sits on a generous lot with skyline views and a private driveway. With its substantial size, flexible layout, and prime redevelopment potential, this property is a rare opportunity for experienced investors looking to design and rebuild a high-performing multi-family asset. Bring your vision and unlock the full potential of this major value-add project.
MLS® Number4012645
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1837
BasementFinished
Driveway1 Car Width
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$579,000List Price
  • Commute

Commute

Starting Address
Destination Address
42 Mount Prospect Ave, Newark, NJ

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