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383 Mount Prospect Ave

Newark City, NJ 07104
  • $1,800,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: 3913519
$1,800,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,887
    SQFT
  • $306
    $/SQFT
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

383 Mt Prospect Ave, where classic charm meets modern convenience in this stunning 6-family residence. Boasting 10 spacious bedrooms, 7 bathrooms, and featuring 5 elegant fireplaces, this property offers unparalleled comfort and style. Situated just blocks away from Forest Hills and Branch Brook Park, residents enjoy easy access to lush greenery and serene surroundings. The location is a commuter's dream, with close proximity to public transportation, parks, and major highways, ensuring convenience and connectivity. One of the standout features of this home is its breathtaking views of New York City, providing a picturesque backdrop day and night. Ideal for investors and homeowners alike, this property is zoned for multi-family high rise, offering endless possibilities for expansion and development. Whether you're looking for a lucrative investment opportunity or a spacious property to live, the options are truly limitless. Don't miss your chance to own a piece of Newark's finest properties.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-11T23:46:28.463.
www.rowackrealestateteam.com/homes/152652997
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383 Mount Prospect Ave Newark City, NJ 07104

  • Price: $1,800,000
  • Status: Active
  • On Site: 87 Days
  • ID#: 3913519
0
Beds
0
Baths
0
½ Baths
0.46
Acres
5,887
SQFT
$306
$/SQFT
1910
Built
County:
Essex
Area:
Newark City
Property Description
383 Mt Prospect Ave, where classic charm meets modern convenience in this stunning 6-family residence. Boasting 10 spacious bedrooms, 7 bathrooms, and featuring 5 elegant fireplaces, this property offers unparalleled comfort and style. Situated just blocks away from Forest Hills and Branch Brook Park, residents enjoy easy access to lush greenery and serene surroundings. The location is a commuter's dream, with close proximity to public transportation, parks, and major highways, ensuring convenience and connectivity. One of the standout features of this home is its breathtaking views of New York City, providing a picturesque backdrop day and night. Ideal for investors and homeowners alike, this property is zoned for multi-family high rise, offering endless possibilities for expansion and development. Whether you're looking for a lucrative investment opportunity or a spacious property to live, the options are truly limitless. Don't miss your chance to own a piece of Newark's finest properties.
Exterior Features

Approximate Lot Size 113.8X175 Available Parking Spaces 5 Construction Brick/BlockWood Exterior Description Wood Location Residential AreaSee Remarks Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car Width Roof Description Slate

Interior Features

Basement Yes Basement Description FullStorageUnfinishedWalkout Cooling No Cool Equipment Available FixturesSmoke Detector Floors CarpetingConcreteTileWood Heating 4+ Units Max Ceiling Height 10 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 7 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 138000 Net Operating Income 109000 Primary Property Type See Remarks Property Type Office/ApartmentsSee Remarks Sale Includes Building & LandSee Remarks Sewer Public Available Suite Number 0 Tax Amount 13625 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 29000 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning MuliFam HiRis

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Properties Unlimited: 908-233-9292.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-11T23:46:28.463.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042