Mixed-Use Investment Opportunity, Newark
441 Mount Prospect Ave Newark, NJ 07104
441 Mount Prospect Ave, Newark, NJ, 07104
$2,799,000
For Sale
$2,799,000
Mixed-use building with residential units and commercial storefronts in Newark.
Days on Market427
Property Features for 441 Mount Prospect Ave
General Information
- Standard status
- Active
Building Details
- Year Built
- 9999
Listing agency
ROSA AGENCY
(973) 589-7550
Listed by
JAMES ROSA
Source
Corcoran
Added: May 21, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM
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 ROSA AGENCY
Investment Insights
Based on property information with market context.
This mixed-use building is located in a high-traffic business district. The property features 10 fully-leased residential units, comprising a mix of 1- and 2-bedroom apartments with strong rental histories. Additionally, there are 2 ground-level commercial storefronts that benefit from high visibility and foot traffic, suitable for retail, office, or service-based tenants. The property offers cash flow and long-term appreciation potential.
Key Highlights
- Prime mixed‑use building in a high‑traffic business district.
- 100% occupancy with 10 fully‑leased residential units and 2 ground‑level commercial storefronts.
- Excellent cash flow and long‑term appreciation potential.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alexandra Food Center
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with residential units and commercial storefronts in Newark.
Where is this mixed-use property located?
The property is located at 441 Mount Prospect Ave Newark, NJ.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Prime mixed‑use building in a high‑traffic business district.; 100% occupancy with 10 fully‑leased residential units and 2 ground‑level commercial storefronts.; Excellent cash flow and long‑term appreciation potential.