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$789,000
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Property Description
Fully renovated three family home located in Newark's desirable Forest Hill! Each unit features modern finishes, washer and dryer hookups, forced air heating, and brand new gleaming hardwood floors throughout. The first floor unit offers three generously sized bedrooms, a bright living room, a eat-in kitchen, and a full bathroom. The second floor unit also features three spacious bedrooms, including one with an en-suite bath, along with a large sun filled living room, a eat-in kitchen, and a main bathroom. The third floor includes a chic one bedroom apartment with a stylish and efficient layout. The property also features a large basement with a separate walk-out offering added flexibility. An ideal opportunity for an owner-occupant or investor seeking a turnkey multi-family property in a prime location.WILL BE DELIVERED VACANT!
Full Property Details
Full Property Details for 662 Mt Prospect Ave
General
- Price: $789,000
- Taxes: $7,180 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4004251
- Updated: 1/9/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Location
- County: Essex
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 9999
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 30 x 130
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $166,000
- Land Assmt: $22,800
- Tax Amount: $7,180
- Tax Year: 2024
Disclosures and Reports
- Block: 737
- Lot Number: 12
Listed by Essential Real Estate
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Schools
Schools serving 662 Mt Prospect Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.9 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.2 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.9 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.8 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 3.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 662 Mt Prospect Ave
Date
Details
Price
Change
Source
1/09/2026
Listed
$789,000
77.3%
MLS
3/27/2024
Sold
$445,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 662 Mt Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,180
2%
$188,800
—
2022
$7,054
—
$188,800
—
2021
$7,050
33%
$188,800
—
2021
$5,315
-25%
$188,800
—
2019
$7,101
2%
$188,800
—
2018
$6,972
4%
$188,800
—
2017
$6,721
3%
$188,800
—
2016
$6,495
4%
$188,800
—
2015
$6,247
12%
$188,800
—
2013
$5,575
—
$188,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 662 Mt Prospect Ave
662 Mount Prospect Ave, Newark, NJ 07104 (MLS# 4004251) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 662 Mount Prospect Ave is currently listed for $789,000 and was received on January 09, 2026. Want to learn more about 662 Mount Prospect Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

