Newly Built Two-Family
For Sale
$850,000
153 Mount Prospect Ave, Newark, NJ 07104
2024 construction includes a flexible lower-level space with two rooms, a full bath, and home-office potential.
Property SizeContact for details
Days on Market14
Property Features for 153 Mount Prospect Ave
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
2024
Units
2
Listing Agency:
NJ Metro Group LLC
(973) 783-7400
Listed By:
BRENDAN DASILVA · License #1753996
Source:
Elliman
Added: Aug 20
Changed: Aug 31
Last Checked: Sep 1 at 6:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NJ Metro Group LLC
Investment Insights
Based on property information with market context.
Constructed in 2024, this two-family duplex offers a newly built residential income property with a separate ground-level area configured with two rooms and a full bath. That lower-level space can accommodate a home office or other supported household use, adding flexibility to the property’s layout. Modern finishes and builder-focused craftsmanship are also noted throughout.
The property is located in Newark near transportation, shopping, and dining. Walk Score is 78, BikeScore is 53, and Transit Score is 60. A five-year tax abatement has recently begun, providing an additional property-level consideration for owners and investors.
The property is located in Newark near transportation, shopping, and dining. Walk Score is 78, BikeScore is 53, and Transit Score is 60. A five-year tax abatement has recently begun, providing an additional property-level consideration for owners and investors.
Key Highlights
- Two‑family duplex completed in 2024
- Ground‑level area includes 2 rooms and a full bath
- Lower‑level space offers home‑office flexibility
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - 2024 construction includes a flexible lower-level space with two rooms, a full bath, and home-office potential.
Where is this duplex located?
The property is located at 153 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 completed in 2024; Ground‑level area includes 2 rooms and a full bath; Lower‑level space offers home‑office flexibility
