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

155 Mount Prospect Ave, Newark, NJ 07104

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.04 Acres
Days on Market7

Property Features for 155 Mount Prospect Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 9, Bedroom 7, Bedroom 8, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Basement, Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 5, Bathroom 6
Directions Google Maps
Standard status Active
Lot size 0.04 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 2024
Number of units 2
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License #1753996
Added: Aug 5 Last Checked: Aug 11 at 5:06AM
MLS# 4045178

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.

Completed in 2024, this duplex at 155 Mount Prospect Ave in Newark combines a two-family layout with a flexible ground-level component. The lower-level space includes two rooms and a full bathroom, offering potential use as a home office or additional living area. The property also includes a basement and multiple bathrooms and bedrooms identified in the room schedule.

Building systems include forced-air heating and central air conditioning, with public water and public sewer serving the property. A five-year tax abatement has recently begun. Set on approximately 0.04 acres in Newark, the property is positioned for owner-occupancy or investment use, as stated in the property information.

Key Highlights

  • 2024 construction with two‑family layout
  • Ground‑level space includes 2 rooms and a full bathroom
  • Five‑year tax abatement has recently begun

Property Analytics

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

1,322
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - 2024 two-family property with central air, forced-air heat, and public water and sewer service.
Where is this duplex located?
The property is located at 155 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: 2024 construction with two‑family layout; Ground‑level space includes 2 rooms and a full bathroom; Five‑year tax abatement has recently begun
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message