618 Mount Prospect Ave
Newark City, NJ 07104
Price: $799,000
GSMLS: 4063140Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 5 Full & 2 Half
Garage: No
Year Built: 1897
Acres: 0.14
Property Tax: $9,013
Description
Open House Sunday 12PM–3PM.
Income-Producing 3-Unit Multi-Family Property " Live in One, Rent the Other Two!Great investment opportunity! This multi-family property features three separate residential units with approximately 3,757 square feet of living space. Whether you're an investor looking to expand your rental portfolio or a buyer interested in offsetting your mortgage, this property offers excellent potential. Centrally located in the city of Newark near universities, parks, stores and more. Close commute to NYC. Approximately 25 mins to Newark airport.General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X125
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Family Room, Kitchen, Laundry Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$799,000
Tax Amount:
$9,013
Land Assessment:
$27,000
Build. Assessment:
$198,400
Total Assessment:
$225,400
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4063140
List Date:
11-05-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS REAL ESTATE
Listing Agent:
Kira Ibarra-brumbaugh
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
