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$800,000 Just Listed
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Property Description
Amazing opportunity. This fully renovated beauty generates high NOI and is situated near the Newark/Belleville border. Both units are occupied and paying market rents.
Full Property Details
Full Property Details for 824 Mt Prospect
General
- Price: $800,000
- Taxes: $6,510 (2026)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4018323
- Updated: 4/3/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Deck
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Situated along MT PROSPECT AVE between Coeyman Street and Montclair Avenue.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Square Feet: 4,046
- Year Built: 1915
- Remodeled/Updated: 2022
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 2000
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 5
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 2000
- Levels/Stories: 2
- Total Bathrooms: 3
- Bedrooms: 5
Lot Features
- Lot Dimensions: 25 x 125
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $13,000
- Assessment Amount: $141,600
- Land Assmt: $21,200
- Tax Amount: $6,510
- Tax Year: 2026
Disclosures and Reports
- Block: 813
- Lot Number: 51
Listed by Realty One Group Sunrise
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Schools
Schools serving 824 Mt Prospect
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.3 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.4 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.6 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 3.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 3.2 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 3.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 3.5 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 824 Mt Prospect
Date
Details
Price
Change
Source
4/03/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 824 Mt Prospect
824 Mt Prospect, Newark, NJ 07104 (MLS# 4018323) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 824 Mt Prospect is currently listed for $800,000 and was received on April 03, 2026. Want to learn more about 824 Mt Prospect? 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.

