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$630,000
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Property Description
Newly renovated 2-family home in the heart of North Newark, offering the perfect blend of updates and prime location! Each unit features 3 spacious bedrooms and 1 full bathroom, with thoughtfully designed layouts ideal for both owner-occupants and investors alike.Enjoy brand-new private decks off each unit; perfect for morning coffee, outdoor dining, or relaxing in your own space. Along with a private fenced backyard for additional outdoor enjoyment.Situated just steps from Branch Brook Park, near the iconic Cathedral Basilica of the Sacred Heart, and only minutes to Newark Broad Street Station, this property offers unmatched convenience with easy access to NYC transportation, recreation, and local amenities.Delivered vacant, this is a rare opportunity to set your own rents or live in one unit while generating income from the other. Don't miss your chance to own a turnkey multi-family in one of Newark's most desirable locations!
Full Property Details
Full Property Details for 76 Mt Prospect Ave
General
- Price: $630,000
- Taxes: $13,520 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4022329
- Updated: 4/25/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Intercom, Security System, Smoke Detector, Walk-In Closet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Deck, Privacy Fence
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Park Ave to Mount Prospect Ave
Heating & Cooling
- Cooling Type: No Cooling, Window Air Conditioning
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: French Drain, Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1887
- Remodeled/Updated: 2020
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $316,800
- Land Assmt: $21,300
- Tax Amount: $13,520
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 491
- Lot Number: 32
Listed by HUBERT & CO
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Schools
Schools serving 76 Mt Prospect Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 0.1 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.3 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.6 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.7 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.8 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 76 Mt Prospect Ave
Date
Details
Price
Change
Source
4/25/2026
Listed
$630,000
57.5%
MLS
2/16/2021
Sold
$400,000
—
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 76 Mt Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,858
2%
$338,100
—
2022
$12,631
1%
$338,100
—
2021
$12,531
67%
$338,100
148%
2021
$7,507
46%
$136,300
—
2019
$5,126
-11%
$136,300
-13%
2018
$5,787
4%
$156,700
—
2017
$5,579
4%
$156,700
—
2016
$5,390
4%
$156,700
—
2015
$5,185
12%
$156,700
—
2013
$4,627
—
$156,700
—
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 76 Mt Prospect Ave
76 Mount Prospect Ave, Newark, NJ 07104 (MLS# 4022329) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 76 Mount Prospect Ave is currently listed for $630,000 and was received on April 25, 2026. Want to learn more about 76 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.

