815 Mount Prospect Ave, Newark, NJ 07104-3222
- Beds
- 6
- Baths
- 3
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Overview
Excellent investment opportunity in Newark?s North Ward/Forest Hill area. This fully occupied two-family property generates $4,100 in monthly rental income ($49,200 annually). The first-floor unit, including use of the registered finished basement, rents for $2,450 per month, while the second-floor unit rents for $1,650 per month. The registered basement features three multipurpose rooms, a full bathroom, and a walk-out entrance. Ideally located along the Mt. Prospect Avenue corridor, offering convenient access to Branch Brook Park, shopping, dining, public transportation, major highways, and Downtown Newark. An attractive opportunity to acquire an established income-producing multifamily property in a convenient North Ward location.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 6
- Number of bathrooms
- 3
- Lot size (acres)
- 0.06
- Year built
- 1895
Interior features
- Basement
- Yes, Finished
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $4,374
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Garden State MLS MLS®#: 4063280 Last checked: …
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