6
See all 6 photos
$800,000
Est. payment /mo
3,000 SqFt
New
650 Mount Prospect Ave Newark City, NJ 07104
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $266
MLS Listing ID 3952910
Annual Tax Amount $7,191
Tax Year 2024
Lot Size 3,049 Sqft
Property Sub-Type Mixed Use
Property Description
Attention Investors! Discover an exceptional opportunity to develop in the highly sought-after Forest Hill Section of Newark. This mixed-use property features two combined lots: Lot 17 measures 25 x 130 and 25 x 60, while Lot 18 offers 25 x 150. The site includes an existing building currently and two fully rented apartments, along with a dedicated parking lot. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity!
Location
State NJ
County Essex
Zoning BUS
Rooms
Basement Unfinished
Interior
Heating OilAbOut
Cooling No Cool
Flooring Laminate, Tile, Wood
Equipment Restrooms - Private, Restrooms - Public, Smoke Detector
Heat Source OilAbOut
Exterior
Exterior Feature Vinyl Siding
Garage Spaces 12.0
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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