Homes For Sale: USA New Jersey Newark City 570 Mount Prospect Ave
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$599,900 USD

570 Mount Prospect Ave
Newark City, New Jersey 07104-1530
USA
8 bedrooms
5 full baths
Residential For Sale, Other Residential
Land size: 0.109 ha :: 0.27 acres
Sale price per sqm: 0
Tax: 12,983 USD
Douglas Ramos
CENTURY 21 Alliance Realty
867 N. Stiles Street,
Linden, 07036, United States
Phone: 908-587-5222

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Remarks:

Investor Opportunity " 4-Family in Newark Located in the City of Newark, this legal 4-family property is positioned on a busy street surrounded by a mix of residential homes and professional office spaces, making it an excellent candidate for redevelopment or value-add investment. With a total of 23 rooms, 8 bedrooms, 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 upside potential 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.

Features:

  • Rooms: 23
  • Kitchen
  • Living Room
  • Dining Room
  • Dining Room
  • Kitchen
  • Living Room
  • Year Built: 1920
  • Exterior Description: Stucco
  • Property Features: Basement
  • Number of parking spaces: 2

Location:

570 Mount Prospect Ave, Newark City, New Jersey 07104-1530, USA
Listed By CENTURY 21 Alliance Realty

The Residential For Sale, Other Residential located at 570 Mount Prospect Ave, Newark City, New Jersey 07104-1530, USA is currently for sale. 570 Mount Prospect Ave, Newark City, New Jersey 07104-1530, USA is listed for $599,900 USD. This property has 8 bedrooms, 5 full baths. If the property located at 570 Mount Prospect Ave, Newark City, New Jersey 07104-1530, USA isn't what you're looking for, search New Jersey Real Estate to see other Homes For Sale in Newark City.

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