Property
Newark City, NJ 07104 650 Mount Prospect Ave
$800,000
1 more
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Full/Half Baths • 0 / 3
SQFT • 3,000
Garage • 12
Home Details
Attention Investors! Discover an exceptional opportunity to develop in the highly sought-after Forest Hill Section of Newark. This mixed-use property features two combined lots: Lot 17 measures 25 x 130 and 25 x 60, while Lot 18 offers 25 x 150. The site includes an existing building currently and two fully rented apartments, along with a dedicated parking lot. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity!
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Interior Features for 650 Mount Prospect Ave
Bathrooms
Half Baths3
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft3000
Num 3 Bdrm Units1
Num 2 Bdrm Units1
BasementUnfinished
FlooringLaminate, Tile, Wood
Fuel TypeOilAbOut
Total Stories3
General for 650 Mount Prospect Ave
ConstructionWood
CoolingNo Cool
CountyEssex
DirectionsBetween Elwood Ave to Heller Pkwy
Documents AvailableIncome & Expenses
Drive1 Car Width
EasementNo
Equipment AvailableRestrooms - Private, Restrooms - Public, Smoke Detector
Garage Spaces12
Heating1 Unit, Radiators - Hot Water
Leasable Area500
LocationBusiness District
Num Apts2
Number Of Units Total3
OwnerPaysHeat, Water
OwnershipFee Simple
Possession30 days
Property TypeMixed Use
Property TypeMixedUse
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11256
Tax Assessed Value189100
Tax Lot18, 17
Tax Year2024
Tenant PaysElectric
Town #1614
TownshipNewark City
UtilitiesGas In Street
Utilities Paid ByTenant
Year Built9999
ZoningBUS
Exterior for 650 Mount Prospect Ave
Building Area Total3000
Exterior DescriptionVinyl Siding
Lot Dimensions25X130
Lot Size Acres0.07
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking12
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate