570 Mount Prospect Ave, Newark, NJ 07104
Local realty services provided by:ERA Queen City Realty
570 Mount Prospect Ave,Newark City, NJ 07104
$675,000
- 8 Beds
- 7 Baths
- - sq. ft.
- Single family
- Pending
Listed by: douglas ramos
Office: century 21 alliance realty908-587-5222
MLS#:4011668
Source:NJ_GSMLS
Price summary
- Price:$675,000
About this home
**Investor Opportunity** 1-Family in R2 Zoning, 1 to 3 family. This legal 1-family property is positioned on a busy street surrounded by a mix of residential homes and professional office spaces, excellent candidate for redevelopment or value-add investment. Single family, two floor with a grand staircase, 3 Bedroom, 3 full and 2 half baths, detached 2 car garage and TWO 1 bedroom apartments with separate entrances. Located in the Forest Hill neighborhood close to Branch Brook Park.With a total of 23 rooms, including multiple bathrooms, and a detached 2-car garage, this property offers significant scale and potential. While the property is in need of renovations, it presents a unique opportunity for investors seeking to reposition a multi-family in a high-demand market. The large footprint and flexible layout provide options for reconfiguration, modernization, or conversion to meet today's rental and mixed-use demand. With strong rental demand in Newark and the growing trend of mixed-use conversions in the area, this property offers excellent potential upside for the right buyer.This is your chance to acquire a value-add project in a prime location ideal for seasoned investors or developers looking to maximize return on investment....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:4011668
- Added:111 day(s) ago
- Updated:June 18, 2026 at 08:40 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Rooms Total:23
- Dining Description:Formal Dining Room
- Kitchen Description:Eat-In Kitchen
- Basement Description:Basement, Full
Heating and cooling
- Heating:1 Unit
Structure and exterior
- Year built:1920
- Lot area:0.27 Acres
- Architectural Style:Colonial
- Construction Materials:Stucco
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Tax amount:$12,983 (2024)
Features and amenities
- Appliances:See Remarks
- Amenities:Gas-Natural
Parking
- Parking description:1 Car Width, Detached Garage
- Garage spaces:2
New listings near 570 Mount Prospect Ave
- New
$649,000Active5 beds 4 baths2,600 sq. ft.-32 Palm Street, Newark, NJ 07106
MLS# 2662306MListed by: EXP REALTY, LLC - New
$925,000Active9 beds 6 baths840 S 19th St, Newark City, NJ 07108
MLS# 4035226Listed by: KELLER WILLIAMS CITY VIEWS REALTY - New
$375,000Active3 beds 2 baths312 Littleton Ave, Newark City, NJ 07103
MLS# 4035229Listed by: KELLER WILLIAMS CITY VIEWS REALTY
$349,999Active3 beds 1 baths37-39 Custer Ave, Newark City, NJ 07112
MLS# 4008147Listed by: REALTY OF AMERICA- New
$397,900Active4 beds 3 baths705 S 15th St, Newark City, NJ 07103
MLS# 4035147Listed by: NEW AND MODERN GROUP - New
$749,000Active-- beds 4 baths908-910 S 16th Street, Newark, NJ 07108
MLS# 26022544Listed by: KELLER WILLIAMS REALTY METROPOLITAN - New
$979,000Active-- beds 5 baths155 Wilson Avenue, Newark, NJ 07105
MLS# 26022575Listed by: REALTY OF AMERICA LLC - New
$775,000Active-- beds 5 baths470 S 16th Street, Newark, NJ 07103
MLS# 26022593Listed by: EXP REALTY, LLC - New
$750,000Active8 beds 4 baths348 13th Ave, Newark City, NJ 07103
MLS# 4034985Listed by: RE/MAX SIGNATURE HOMES - New
$690,000Active5 beds 3 baths43-45 Brookdale Ave, Newark City, NJ 07106
MLS# 4034953Listed by: HOMESMART FIRST ADVANTAGE