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Duplex with Ground-Level Unit
New
For Sale
$850,000

149 Mount Prospect Ave, Newark, NJ 07104

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market5

Property Features for 149 Mount Prospect Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 9, Bathroom 3, Bedroom 7, Bathroom 2, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 6, Bathroom 1, Basement, Bedroom 8, Bedroom 5, Bedroom 3, Bedroom 2
Directions Google Maps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2021
Number of units 2
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License #1753996
Added: Oct 6 Last Checked: Oct 10 at 3:06AM
MLS# 4057186

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2021, this two-family property has forced-air heating and central air conditioning. A ground-level unit provides two rooms and a full bathroom, offering a distinct component within the duplex. The property also has public water and public sewer service.

The 0.06-acre parcel is in Newark, New Jersey. A five-year tax abatement has recently begun.

Key Highlights

  • Two‑family duplex with a ground‑level unit featuring 2 rooms and a full bathroom
  • Built in 2021 on a 0.06‑acre parcel
  • 9 bedrooms and 6 bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Gym & Fitness Center Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The two-family property includes a lower-level area with two rooms and a full bathroom.
Where is this duplex located?
The property is located at 149 Mount Prospect Ave Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family duplex with a ground‑level unit featuring 2 rooms and a full bathroom; Built in 2021 on a 0.06‑acre parcel; 9 bedrooms and 6 bathrooms
More about this property
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