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219 Mt Prospect Avenue Unit SRO Newark, NJ $ 2,599,000
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$ 2,599,000 Get more info
219 Mt Prospect Avenue Unit SRO
$ 2,599,000
Back to search
Share Save

219 Mt Prospect Avenue Unit SRO

Newark, NJ, 07104
$ 2,599,000
Baths0.0

Monthly Estimate*

$ 18,155

219 Mt Prospect Avenue Unit SRO, Newark, NJ 07104 - Image 1
219 Mt Prospect Avenue Unit SRO, Newark, NJ 07104 - Image 2
219 Mt Prospect Avenue Unit SRO, Newark, NJ 07104 - Image 3
219 Mt Prospect Avenue Unit SRO, Newark, NJ 07104 - Image 4
Studio

Commercial Property for sale in Newark, NJ

for $2,599,000. This building was built in 1910.

INVESTORS!! CONTRACTORS!! BUILDERS!!*** ***2024 Appraisal came back at 3.250M!! Price stays the same!! On a beautiful block just 2 min away from Branch Brook Park, and nearby 5 star rated schools, sits this Estate, Original stately home built with stone and rare rocks in 1910. It's approx. 9000 sqft on a double lot 59X105. In this Estate you will find 20 licensed SRO Units on three floors. On site parking for 10-12 cars. Gas fired heat and hot water system 2 yrs old. Electricity - PSE&G Gas - PSE&G. Zoned as C-1 Neighborhood Commercial (see pic with description). Building will be delivered VACANT!! Must see in person!

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Commercial Active

Price

$ 2,599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,208

Style

Year Built

1910

Town/City

Newark

County/Region

Essex

MLS | Web ID

22401655
Features
General
Sewer Public Sewer
Cooling Window Unit(s)
Roof Shingle Asphalt
Exterior Features Outdoor Shower
Garage Spaces 0.0
Construction Materials Block Brick Concrete Stone
Year Built 1910
Electric 110 Volt
Stories 4
Unit Number SRO
Property SubType Multi-Family
Tax Year 2022
Business Type Other
Business Name SRO Roomings
County Essex
New Construction N
Property Type Commercial Sale
Subdivision Name None
Garage Y/N N
Status Active
Directions Make a right on Broadway onto Bloomfield Ave right to Mt. Prospect.
City Newark
View Y/N N
Zoning Description Residential Neighborhood Mixed Commercial
MLS Area Newark
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Mt Prospect
Tax Annual Amount 11208.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Newark (NEW)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 100
Standard Status Active
Tax Assessed Value 300000
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Interior
Basement Finished Full Locked Storage
Flooring Vinyl Tile Wood
Total Fireplaces 0
Air Conditioning Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Electric
Parking Features On Site
Water Source Public
Total Parking 12.0
Lot Size Area 0.0
Spa N
Lot Dimensions 59.58X105
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Rachel Aviv

Listing Agent

Silvera Realty Co.

Broker

rachel@silverarealtyco.com

Email

Affordability Calculator

$19,089
Per Month
95%
5%
0%
Monthly Principal & Interest
$18,155
Monthly Property Taxes
$934
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2024$2,599,000 -0.04% Price Down
1/19/2024$2,600,000 Listed Price

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219 Mt Prospect Avenue Unit SRO, Newark, NJ, 07104 is a Commercial Property for sale at $2,599,000. 219 Mt Prospect Avenue Unit SRO is a studio with 0.0 baths and was built in 1910. The property's zip code is 07104 which is in Newark, NJ

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