Date
Details
Price
Change
Source
9/03/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$950,000 Just Listed
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1/17
Property Description
Excellent mixed-use investment opportunity located in the heart of Newark?s thriving North Ward business district. This property features an approximately 1,800-square-foot retail storefront and two residential apartments, providing excellent income-producing potential. Ideally situated near NYC transportation, shopping centers, restaurants, and other local amenities, this property is perfect for investors or owner-occupants seeking a prime location with multiple revenue streams.
Full Property Details
Full Property Details for 674 Mt Prospect Ave
General
- Price: $950,000
- Taxes: $7,414 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4050392
- Updated: 9/3/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease Includes: Taxes, Water
Interior
- Flooring: Carpeting, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Private, Smoke Detector
Parking
- Parking: None, On-Street Parking
Location
- County: Essex
- Driving Directions: Between Heller Pkwy and Elwood Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 3 Units, Baseboard - Hotwater, Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Construction: See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 3,500
- Aprox. Leasable: 3,500 Sq. Ft.
- Office: 500 Sq. Ft.
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
- Units w/Full Bath: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 25X130
- Zoning: COM
Financial Considerations
- Assessment Amount: $185,400
- Land Assmt: $61,600
- Tax Amount: $7,414
- Tax Year: 2025
- Owner Pays: Water
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-00737-0000-00006-0000-
- Block: 737
- Lot Number: 6
Listed by Re/Max Professionals I
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Listing agent
— 674 Mt Prospect Ave —
Re/Max Professionals I
973-450-4000
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 674 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 | 3 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 674 Mt Prospect Ave
Tax History
Tax History for 674 Mt Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,414
7%
$185,400
—
2022
$6,927
2%
$185,400
—
2021
$6,820
28%
$185,400
-11%
2021
$5,324
-30%
$207,200
—
2018
$7,652
-2%
$207,200
—
2019
$7,793
6%
$207,200
—
2017
$7,376
3%
$207,200
—
2016
$7,128
4%
$207,200
—
2015
$6,856
12%
$207,200
—
2013
$6,119
—
$207,200
—
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 674 Mt Prospect Ave
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- Multi-Family
- Active
- Updated 6 days ago
- 5Total Beds
Listed by Exp Realty, Llc
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,190Sq. Ft.
Listed by Coldwell Banker Realty
- Duplex
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
Listed by RE/MAX First Realty II
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- Duplex
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
Listed by Mid-Realty, Inc.
- Duplex
- Active
- Updated 5 days ago
- 8Beds
- 3Total Baths
Listed by Americasa Realty LLC
- Single Family
- Active
- Updated 6 days ago
- 5Beds
- 1Total Bath
Listed by Real
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- Multi-Family
- Closed
- Updated 6 days ago
Listed by A & E CURTINEZ REALTY LLC
- Multi-Family
- Closed
- 5Total Beds
Listed and Sold by Matthew "Matt" O'Hare
674 Mount Prospect Ave, Newark, NJ 07104 (MLS# 4050392) is a Commercial property. 674 Mount Prospect Ave is currently listed for $950,000 and was received on September 03, 2026. Want to learn more about 674 Mount Prospect Ave? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.