Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    219 Mount Prospect Ave Newark, NJ 07104

    • Apartment buildings
    • 9,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 219 Mount Prospect Ave

    Property size
    9,000 SF
    Property type
    Apartment buildings

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1744
    Latitude
    40.7591

    Comparable in this City

    • Value Estimation by Request
      5,887 SF

      383 Mount Prospect Ave

      Multifamily properties • 5,887 SF
      383 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • Value Estimation by Request
      0.17 Acres

      219 Summer Ave

      Residential income properties • 0.17 Acres
      219 Summer Ave, Newark, NJ 07104
      View Details
    • Value Estimation by Request
      6.11 Acres

      23 Clifton Ave, Unit 59

      APARTMENT HOUSE (UNDER 5 UNITS) • 6.11 Acres
      23 Clifton Ave, Newark, NJ 07104-1812
      View Details
    • Value Estimation by Request
      0.29 Acres

      324-326 Mt Prospect Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.29 Acres
      324-326 Mt Prospect Ave, Newark, NJ 07104
      View Details
    • Value Estimation by Request
      0.66 Acres

      417 Mt Prospect Ave, Unit 427

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.66 Acres
      417 Mt Prospect Ave, Newark, NJ 07104-5799
      View Details
    • Value Estimation by Request
      1.52 Acres

      509 Mt Prospect Ave, Unit 519

      APARTMENT HOUSE (UNDER 5 UNITS) • 1.52 Acres
      509 Mt Prospect Ave, Newark, NJ 07104-2903
      View Details

    Similar Nearby for Sale

    • $189,500

      Harmony Square Condo in Newark

      One bedroom condo with modern kitchen and convenient location.
      105-107 Broad St, Newark, NJ 07104
      View Details
    • $499,999

      Spacious Home Near Branch Brook

      Generously proportioned home near transit, shopping, and Branch Brook Park.
      106 Peabody Pl, Newark, NJ 07104
      View Details
    • $575,000

      Newark Multifamily Property For Sale

      Move-in ready apartments with low property taxes.
      124 Stone St, Newark, NJ 07104
      View Details
    • $4,800,000

      Newark Apartment Building For Sale

      New construction apartment building near transportation and amenities.
      9 Clark St, Newark, NJ 07104
      View Details
    • $3,770,000
      9,120 SF

      Newark Multifamily Investment Opportunity

      Newly rebuilt, gut-renovated 14-unit apartment building in North Newark.
      155 Clifton Ave, Newark, NJ 07104
      View Details
    • $2,400,000
      5,573 SF

      Newark City Commercial Investment Property

      Commercial investment property with bar/restaurant and residential apartments.
      187 Bloomfield Ave, Newark, NJ 07104
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Two-Bedroom Apartment for Rent

      Charming 2-bedroom apartment near public transport, priced at $1,800/month.
      169 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $2,400 /Mo

      Spacious 3BR Apartment in Newark

      Bright 3BR apartment with balcony, laundry hook-up, shared backyard.
      48 Elliott St, Newark, NJ 07104
      View Details
    • $1,495 /Mo

      Newark Apartment for Rent

      One-bedroom apartment with parking in Newark, NJ.
      30 Hinsdale Pl, Newark, NJ 07104
      View Details
    • $2,595 /Mo

      Updated Condo in Forest Hill

      Elegantly updated 2-bedroom condo in desirable Forest Hill area.
      751 Summer Ave, Newark, NJ 07104
      View Details
    • $2,700 /Mo

      Renovated Newark Apartment For Rent

      Newly renovated 3-bedroom, 2-bathroom first-floor apartment in Newark.
      154 Fl. 1, Newark, NJ 07104
      View Details
    • $2,500 /Mo

      Renovated Apartment Near Branch Brook

      Modern 3-bedroom apartment with updated kitchen and convenient location.
      282 Fl. 1, Newark, NJ 07104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    219 Mount Prospect Ave
    Newark, NJ 07104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.