Mixed-Use Investment Opportunity, Newark
441 Mount Prospect Ave Newark, NJ 07104
For Sale
$2,799,000
Mixed-use building with residential units and commercial storefronts in Newark.
Days on Market435
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
Changed: Mar 16
Last 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
Frequently Asked Questions
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.