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    441 Mount Prospect Ave Newark, NJ 7104

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    For Sale
    $2,799,000

    Mixed-use building with residential units and commercial storefronts in Newark.

    Added:
    May 21, 2025
    Days on Market:
    344
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 441 Mount Prospect Ave

    General Information

    Standard status
    Active

    Building Details

    Year Built
    9999

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    Listing Contact
    JAMES ROSA

    Listing agent JAMES ROSA

    Listing office ROSA AGENCY

    Listing date May 21, 2025

    Source Corcoran

    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


    Overview

    Mixed-Use Investment Opportunity, Newark City

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alexandra Food Center Specialty Food Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1696
    Latitude
    40.767

    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.
    More about this property
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