For Multi Family

662 Mount Prospect Ave,Newark City, NJ 07104-5631

January 9, 2026

*PROFESSIONAL PHOTOS TO FOLLOW* Fully renovated three family home located in Newark’s desirable Forest Hill! Each unit features modern finishes, washer and dryer hookups, forced air heating, and brand new gleaming hardwood floors throughout. The first floor unit offers three generously sized bedrooms, a bright living room, a eat-in kitchen, and a full bathroom. The second floor unit also features three spacious bedrooms, including one with an en-suite bath, along with a large sun filled living room, a eat-in kitchen, and a main bathroom. The third floor includes a chic one bedroom apartment with a stylish and efficient layout. The property also features a large basement with a separate walk-out offering added flexibility. An ideal opportunity for an owner-occupant or investor seeking a turnkey multi-family property in a prime location.WILL BE DELIVERED VACANT!

Property ID:PT-23836565-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 789,000 $

Bedrooms:7

Year Built:9999

Listing Details

Status: Active

Location

County: Essex

Lotsize: 30X130

Lot Identifier: 12

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2025

Basmnt/Desc: Yes - Full, Unfinished, Walkout

Acreage: 0.09

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 13

Easement/Desc: No

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 9999

Unit 1 Rent: 2600

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 2750

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom

Unit 2 Security Deposit: 9999

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 2

Unit 3 Beds: 1

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water

Unit 3 Handicap: No

Unit 3 SqFt: 9999

Unit 3 Rent: 1800

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Unit 3 Security Deposit: 9999

Block Identifier: 737

County Number: 16

Town Number: 1614

YB/Desc: 9999 - Renovated

Easement: No

Parking/Driveway Description: On-Street Parking

Block Identifier: 737

County Number: 16

Town Number: 1614

Possession: At Closing

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Forced Hot Air

Cool System: None

Water: Public Water

Sewer: Public Sewer

Utilities: Gas In Street

Taxes, Fees & Assessments

Tax ID For Property: 1614-00737-0000-00012-0000-

Tax Amount: $7,180.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $22,800.00

Building Assessment: $166,000.00

Total Assessment: $188,800.00

FHA Age Restricted: No

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Listing Details

662 Mount Prospect Ave,Newark City, NJ 07104-5631

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