824 Mt Prospect Newark, NJ $ 800,000
824 Mt Prospect
$ 800,000
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824 Mt Prospect

Newark, NJ, 07104
$ 800,000
Bedrooms8 Baths4.0 Sq 4,046

Monthly Estimate*

$ 4,926

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Multi-Family Home for sale in Newark, NJ

for $800,000 with 8 bedrooms and 4 full baths. This 4,046 square foot home was built in 1915.

Amazing opportunity. This fully renovated beauty generates high NOI and is situated near the Newark/Belleville border. Both units are occupied and paying market rents.

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Multi-Family Active

Price

$ 800,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,510

Style

2-Two Story

Year Built

1915

Town/City

Newark

County/Region

Essex

MLS | Web ID

4018323

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1915
Garage On-Street Parking
Township Newark City
Tax Year 2026
Gross Income 76800
County Essex
Net Operating Income 63300
Operating Expense 13000
Total Rooms 14
Full Baths 4
Status Active
Directions Situated along MT PROSPECT AVE between Coeyman Street and Montclair Avenue.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 6510
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 162800
Town # 1614
Tax Lot 51
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Interior
Basement Finished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 5
Unit 2 Baths Total 3.0
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Exterior Amenities Deck
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 4046
Lot Dimensions 25x125
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* Excluded Features
List By
DANIEL ALVAREZ

Listing Agent

Realty One Group Sunrise

Broker

Affordability Calculator

$5,468
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$543
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$800,000 Listed Price

Map


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824 Mt Prospect, Newark, NJ, 07104 is a Multi-Family Home for sale at $800,000 with 4,046 sqft. 824 Mt Prospect has 8 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 07104 which is in Newark, NJ