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$799,000
8 bd · 5.5 ba · · 6,098 sqft lot
618 Mount Prospect Ave, Newark, NJ 07104
Multi-family · Built 1897 ·
$4,812/mo est. payment
- Stories
- 3
Flood factor 1/10
About this home
Income-Producing 3-Unit Multi-Family Property " Live in One, Rent the Other Two!Great investment opportunity! This multi-family property features three separate residential units with approximately 3,757 square feet of living space. Whether you're an investor looking to expand your rental portfolio or a buyer interested in offsetting your mortgage, this property offers excellent potential. Centrally located in the city of Newark near universities, parks, stores and more. Close commute to NYC. Approximately 25 mins to Newark airport.
Facts and features
Bedrooms
- Bedrooms: 8
Other Rooms
- Total Rooms: 21
- Basement Description: Finished-Partially
Bathrooms
- Total Bathrooms: 5.20
- Full Bathrooms: 5
- 1/2 Bathrooms: 2
Heating and Cooling
- Cooling Features: Window A/C(s)
- Heating Features: 1 Unit
- Heating Fuel: Gas-Natural
Garage and Parking
- Driveway: On-Street Parking
Land Info
- Lot Size Acres: 0.14
- Lot Size Dimensions: 50X125
- Lot Size Square Feet: 6098
Multi-Unit Info
- Number of Units: 3
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 3
- Bedrooms in Unit-3: 2
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 2
- Total Bathrooms in Unit-3: 1
- Total Rooms in Unit-1: 8
Other Property Info
- Annual Tax Amount: 9013
- Source Listing Status: Active
- County: Essex
- Directions: 618-620 Mount Prospect Avenue
- Tax Year: 2025
- Source Property Type: Multi-Family
- Home Warranty: No
Schools
Bethel Christian Academy
elementary · K-12 · 0.1 mi
- 1
Newark School Of Fashion & Design
high · 9-12 · 0.1 mi
- 6
Maria L. Varisco-Rogers Charter School
elementary · K-8 · 0.2 mi
Christ The King Prepatory School
high · 9-12 · 0.2 mi
- 4
Luis Munoz Marin Elementary School
elementary · K-8 · 0.4 mi
- 5
Elliott Street Elementary School
elementary · K-8 · 0.4 mi
Price history
- Nov 5, 2026 · Listed$799,000
Where it is
Listed by Kira Ibarra-brumbaugh · KELLER WILLIAMS REAL ESTATE · GardenState
