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$749,999

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
See This Home
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Spacious and well-maintained multi-family home located in the desirable Mt. Prospect area of Newark. This classic three-story property features a charming exterior with covered front porches, generous living spaces, and abundant natural light throughout. Each unit offers comfortable layouts with ample bedrooms, eat-in kitchens, and separate utilities, making it ideal for both Owner-occupants and investors. Full basement provides additional storage and utility space. Conveniently located near major highways, public transportation, parks, schools, and shopping. Excellent income-producing opportunity. Don't miss this versatile property with strong rental potential!

Full Property Details for 761 Mt Prospect Ave

General

  • Price: $749,999
  • Taxes: $11,218 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4008015
  • Updated: 2/3/2026
  • Added to Site: 18 day(s) ago

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 10

Location

  • County: Essex
  • Driving Directions: On Mount Prospect Ave

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: 1 Unit
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Available, Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1913

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Eat-In Kitchen
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 25 x 132.6
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Assessment Amount: $272,200
  • Land Assmt: $22,800
  • Tax Amount: $11,218
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Personal Property
  • Block: 778
  • Lot Number: 12

Listed by Weichert Realtors

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Listing agent

— 761 Mt Prospect Ave —

  • Weichert Realtors

201-205-4412

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 761 Mt Prospect Ave

School District:Newark City School District
NameGradesDistance
Ridge Street Elementary School
735 Ridge Street, Newark, NJ 07104
5-80.1 mi
Elliott Street Elementary School
721 Summer Avenue, Newark, NJ 07104
K-40.2 mi
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-40.4 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-121.5 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-121.8 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-123.2 mi
New Park School
120 Manchester Place, Newark, NJ 07104
5-80.5 mi
Abington Ave. Elementary School
209 Abington Avenue, Newark, NJ 07107
PK-81.1 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.1 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 761 Mt Prospect Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$749,999
45.63%
MLS
11/18/2020
Sold
$515,000
—
Public Record
Get Price Alerts and Save Property
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 for 761 Mt Prospect Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,219
-23%
$295,000
—
2022
$14,597
—
$295,000
-24%
2021
$14,589
62%
$390,700
114%
2021
$9,020
34%
$182,500
—
2018
$6,740
4%
$182,500
—
2017
$6,497
3%
$182,500
—
2016
$6,278
4%
$182,500
—
2015
$6,039
-12%
$182,500
—
2019
$6,864
27%
$182,500
—
2013
$5,389
—
$182,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Weichert Realtors

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761 Mount Prospect Ave, Newark, NJ 07104 (MLS# 4008015) is a Multi-Family property with 3 units containing 10 bedrooms and 4 full bathrooms. 761 Mount Prospect Ave is currently listed for $749,999 and was received on February 03, 2026. Want to learn more about 761 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.

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