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Asking Price - $675,000
Days on Market - 33
570 Mount Prospect Avenue
Newark City, NJ 07104
Featured Agent
EveryHome Realtor
Asking Price
$675,000
Days on Market
33
Bedrooms
8
Full Baths
5
Partial Baths
2
Acres
0.27
Lot Dimensions
11700 Sqft
Age
106
Heating
Natural Gas
Fireplaces
1
Cooling
N/A
Water
Public
Sewer
Public
Garages
2
Basement
Full
Taxes (2024)
$12,983
Parking
1 Car
Additional Details Below
EveryHome Realtor
Views: 19
Featured Agent
EveryHome Realtor
Description
**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.
Location
Driving Directions
Bloomfield Avenue to Mt. Prospect Avenue, the subject is the corner of Mt. Prospect and Delavan Avenue.
Listing Details
Summary
Architectural Type
•Colonial
Garage(s)
•Detached Garage
Interior Features
Basement
•Full, Additional Bath
Fireplace(s)
•Living Room
Rooms List
•Kitchen: Eat-In Kitchen
• 1st Floor Rooms: Additional Bath, Dining Room, Foyer, Kitchen, Living Room
• 2nd Floor Rooms: 4+Bedrooms, Main Bath, Additional Bath
• 3rd Floor Rooms: 1 Bedroom, Additional Bath
Utilities
Heating
•1 Unit, Gas-Natural
Additional Utilities
•Electric, Gas-Natural
Miscellaneous
Lattitude : 40.77136
Longitude : -74.16805
MLS# : 4011668
Views : 19
Listed By: Douglas Ramos of CENTURY 21 ALLIANCE REALTY
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
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. Copyright © 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.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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