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Newark, NJ, 07104 • Seventh Avenue • Essex County
$29/sqft
Down payment assistance available
12Beds
6Baths
19,998Sqft
0.19 acLot
1837Built
Skyline Views
Skyline
Character Home
Built 1837 · 189 years of history
Enhanced Security
Carbon Monoxide Detector(s) · Carbon Monoxide Detector
Outdoor Living
Porch
This home is getting attention
Listed 36 days ago · 6,819 views · 296 saves
Demand and pricing signals for this listing
6,819 views
People checking out this listing
296 saves
Buyers have saved this home
36 days on market
Established listing
$29/sqft
Price per square foot
This home ranks in the top 15% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1837 · Historic
Full renovation opportunity for investors and developers! Welcome to 42 Mount Prospect Ave, a large 2-family property in Newark that has been fully gutted and is ready for a complete transformation. This expansive building offers a massive footprint with a total of 12 bedrooms and 6 full bathrooms across two oversized units, providing a strong foundation for a high-value renovation project. The property also includes a finished basement and sits on a generous lot with skyline views and a private driveway. With its substantial size, flexible layout, and prime redevelopment potential, this property is a rare opportunity for experienced investors looking to design and rebuild a high-performing multi-family asset. Bring your vision and unlock the full potential of this major value-add project.
Based on current rates
Est. 6.31% rate · 30yr fixed · $463,200 loan
Full calculator →Key facts and listing details
10 categories of property features
Market data and value estimates
3 schools rated nearby
Newark, NJ, 07104
4 events
12 years of records
Local context around this listing
Newark, NJ • Essex County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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