770-778 Mt Prospect Ave

Newark City, NJ
$ 1,800,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

LOCATION! LOCATION! LOCATION! 15,600SF LOT! NEAR BRANCH BROOK PARK WITH SHOPS,DOWNTOWN & CLOSE TO ALL MAJOR TRANSPORTATION IN THE FAMED FOREST HILLS SECTION! RARE OPPORTUNITY IN THE R3 ZONE PERMITTING FOR MULTI-FAMILY CONSTRUCTION! FORMER SELLER HAD APPLIED FOR PERMIT TO BUILD 56-RESIDENTIAL UNITS WITH PARKING! GREAT INVESTMENT ON ONE OF NEWARK'S MOST DESIRED LOTS & SECTIONS.

Land

  • Price
  • $ 1,800,000
  • Lot Size
  • 0.36 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Newark City
  • Taxes
  • $ 11087
  • County
  • ESSEX
  • Style
  • Area
  • Newark City
  • MLS#
  • 3689220
  • Zip
  • 07104
Listing Provided by: PROMINENT PROPERTIES SIR
Data Source: Garden State MLS

Features

General

Development Status Site Plan Approval Required
Number Of Lots 1
Tax Annual Amount 11087
Town # 1614
Township Newark City
Zoned Info See Remarks
Zoning RESIDENTIAL

Exterior Features

Buildings Included See Remarks
Lot Dimensions 15600 SF
Lot Features Irregular Lot
Road Frontage Description County
Road Surface Description Public Maintained Road
Sewer Info Public Sewer in Street
Water Info Public Water in Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Sparta, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/26/2021 Listed $2,000,000
3/17/2021 10% - $1,800,000

Property vs Zip Code Average in 07104

Price
AVG $1.45M
$1.8M
Taxes
AVG $10,742
$11,087
Visits
AVG 266
355
Walkscore
AVG 84
79
Data Provided by Walkscore ® not using MLS data

Map

770-778 Mt Prospect Ave Newark City, NJ is a Single Family Home for sale at $1800000 and a lot size of 0.36 Acres Acre(s). 770-778 Mt Prospect Ave Newark City has 0 bedrooms, 0 baths . The property's zip code is 07104 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.