- Multi-Family Residential
- Active
- 3 weeks ago
42 Mount Prospect Pl
Newark City NJ 07104
$599,000
51.5X157.2
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.
Facts and Features
Type
Multi-Family Residential
Year Built
2025
Heating
Gas-Natural
SQFT
51.5X157.2
Bedrooms
12
bathrooms
6.00
GARAGE
Status
Active
Interior Features
- Basement Description
- Finished
- Basement
- Yes
- Total # Full Baths
- 6
- Total # Baths
- 6.00
- # Bedrooms
- 12
- Cooling
- Window A/C(s)
- Heating
- 1 Unit
- Fuel Type
- Gas-Natural
- Status
- Active
- Total # Rooms
- 19
- Unit 1 Appl/Equip
- Carbon Monoxide Detector
- Unit 1 Baths
- 3.0
- Unit 1 Bedrooms
- 6
- Unit 1 Handicap Modified
- No
- Unit 1 Levels
- 1
- Unit 1 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 1 Rent
- 9999
- Unit 1 Room Description
- Bedrooms, Family Room, Kitchen, Living/Dining Room
- Unit 1 Rooms
- 9
- Unit 1 Security Deposit
- 9999
- Unit 1 Sq Ft
- 9999
- Unit 2 Appl/Equip
- Carbon Monoxide Detector
- Unit 2 Baths
- 2.0
- Unit 2 Bedrooms
- 5
- Unit 2 Handicap Modified
- No
- Unit 2 Levels
- 2
- Unit 2 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 2 Rent
- 9999
- Unit 2 Room Description
- Bedrooms, Family Room, Kitchen, Living/Dining Room, Porch
- Unit 2 Rooms
- 10
- Unit 2 Security Deposit
- 9999
- Unit 2 Sq Ft
- 9999
- Unit 3 Room Description
- Bedrooms, Family Room, Kitchen, Living/Dining Room, Porch
- Unit Style
- 3-Three Story
Exterior Features
- Total Acres
- 0.19
- Parking/Driveway Description
- 1 Car Width
- Easement
- No
- Exterior Description
- Brick
- Lot Description
- Skyline View
- Approximate Lot Size
- 51.5X157.2
- # Parking Spaces
- 1
- Roof Description
- Flat
- Sewer
- Public Sewer
- Total # Units
- 2
- Utilities
- Electric, Gas-Natural
- Water
- Public Water
- Construction Date/Year Built
- 1837
- Construction Date/Year Built Des
- Approximate