42-46 Mount Prospect Pl, Newark City, NJ 07104
42-46 Mount Prospect Pl, Newark City, NJ 07104
42-46 Mount Prospect Pl, Newark City, NJ 07104
42-46 Mount Prospect Pl, Newark City, NJ 07104
42-46 Mount Prospect Pl, Newark City, NJ 07104
42-46 Mount Prospect Pl, Newark City, NJ 07104
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Matthew De Fede

Matthew De Fede

+1(862) 228-0554
$ 579,000
Est. payment | /mo

12 Beds

6 Baths

19,998 SqFt

Save
$ 579,000
Est. payment | /mo
Save

12 Beds

6 Baths

19,998 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $28

MLS Listing ID 4012645

Style 3-Three Story

Bedrooms 12

Full Baths 6

Year Built 1837

Annual Tax Amount $11,325

Tax Year 2025

Lot Size 8,276 Sqft

Property Description

Full renovation opportunity for investors and developers! Welcome to 42 Mount Prospect Ave, a large 2-family property in Newark that has been fully gutted and is ready for a complete transformation. This expansive building offers a massive footprint with a total of 12 bedrooms and 6 full bathrooms across two oversized units, providing a strong foundation for a high-value renovation project. The property also includes a finished basement and sits on a generous lot with skyline views and a private driveway. With its substantial size, flexible layout, and prime redevelopment potential, this property is a rare opportunity for experienced investors looking to design and rebuild a high-performing multi-family asset. Bring your vision and unlock the full potential of this major value-add project.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Skyline View

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS MID-TOWN DIRECT

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

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42-46 Mount Prospect Pl