42-46 Mount Prospect Pl, Newark, NJ 07104

Newark
Local realty services provided by:Better Homes and Gardens Real Estate Elite
42-46 Mount Prospect Pl,Newark City, NJ 07104
$579,000
  • 12 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tovia lichtman
Office: keller williams mid-town direct973-762-5400
MLS#:4012645
Source:NJ_GSMLS

Price summary

  • Price:$579,000

About this home

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.

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Home facts

  • Year built:1837
  • Listing ID #:4012645
  • Added:50 day(s) ago
  • Updated:April 25, 2026 at 08:45 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:19
  • Basement Description:Basement, Finished

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:1 Unit

Structure and exterior

  • Roof:Flat
  • Year built:1837
  • Lot area:0.19 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Brick

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$579,000
  • Tax amount:$11,325 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:1 Car Width
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated April 25, 2026

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