42 Mount Prospect Pl, Newark City, NJ 07104
- 12 beds |
- 6 baths
Multi-Family Home
Built in 1837
8,276sqft lot
—— car garage
$——/sqft
Listed 21 days ago
Property 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.
- Listing Status:
- Active
- Data Last Updated:
- March 25, 2026 at 5:42PM
- Listing Office:
- KELLER WILLIAMS MID-TOWN DIRECT : 973-762-5400
- MLS ID:
- 4012645
- General: Brick
- Parking: Parking spaces: 1
- Roofing: Flat
- County: Essex
- Driveway: 1 Car Width
- Zoning: 1614-00577-0000-00030-0000-
- Utilities: ElectricGas-Natural
- Water: Public Water
- Sewer: Public Sewer
This listing courtesy of KELLER WILLIAMS MID-TOWN DIRECT
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
McKinley Elementary School
1 Colonnade Pl, Newark, NJ, 07104
Grades PK-8
0.18 miles away
McKinley Elementary School
1 Colonnade Pl, Newark, NJ, 07104
Grades PK-8
0.18 miles away
Barringer High School
90 Parker St, Newark, NJ, 07104
Grades 9-12
0.24 miles away

