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76 Mount Prospect Ave, Newark, NJ, 07104

6beds
2baths
19,998sqft
$630,000
$32price/sqft
$6,904/moest. monthly cost
$276,160/yrincome needed

About This Home

Newly renovated 2-family home in the heart of North Newark, offering the perfect blend of updates and prime location! Each unit features 3 spacious bedrooms and 1 full bathroom, with thoughtfully designed layouts ideal for both owner-occupants and investors alike.Enjoy brand-new private decks off each unit; perfect for morning coffee, outdoor dining, or relaxing in your own space. Along with a private fenced backyard for additional outdoor enjoyment.Situated just steps from Branch Brook Park, near the iconic Cathedral Basilica of the Sacred Heart, and only minutes to Newark Broad Street Station, this property offers unmatched convenience with easy access to NYC transportation, recreation, and local amenities.Delivered vacant, this is a rare opportunity to set your own rents or live in one unit while generating income from the other. Don't miss your chance to own a turnkey multi-family in one of Newark's most desirable locations!

Getting Around

87
WalkingVery Walkable
73
TransitExcellent Transit
45
BikeSomewhat Bikeable

Schools

4/10
1/10
Barringer High SchoolGrades 9-120.1 mi
8/10
Technology High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1887

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range/Oven - Gas,Refrigerator,Microwave Oven

Basement

  • Has basement: Yes
  • Basement: Yes,French Drain,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s),Bedrooms,Kitchen,Living Room,Master Bedroom,Eat-In Kitchen

Heating

  • Heating features: 2 Units,Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 1614004910000000320000
  • Other equipment: Intercom

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Deck
  • Fencing: Privacy

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: On Street,On-Street Parking
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$413$4,956
Property Taxes $1,102$13,224
Electricity $2,204$26,453
Total$6,904$82,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$236,708/yr
40% on housing$207,120/yr
45% on housing$184,106/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$32This listing

vs Other Active Listings

Avg $/sqft

ZIP 07104$319
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07104$299
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Pending sale$630,000
2026-04-22Listed for sale$630,000
2022-08-17Listing removed--
2022-04-25Price change$479,000
2022-03-18Price change$485,000
2022-03-04Listed for sale$499,000
2021-05-08Listing removed--
2021-04-23Listed for rent$1,500
2021-02-17Sold$400,000
2020-10-24Price change$409,900
2020-10-19Listed for sale$429,900
2020-10-02Pending sale$429,900
2020-09-18Listed for sale$429,900
2020-08-10Sold$210,800
2020-02-05Listing removed--
2020-01-08Listed for sale--
2011-04-13Sold$209,000
2011-02-01Listed for sale$250,000
2010-08-06Sold$37,500
2010-05-30Listed for sale$49,900
2010-03-26Listing removed$35,000
2010-02-04Listed for sale$35,000
2009-11-12Listing removed$41,000
2009-10-25Price change$41,000
2009-09-24Price change$45,000
2009-05-15Price change$90,000
2009-03-29Listed for sale$109,900
2006-01-04Sold$362,000
1998-09-18Sold$3,012,200
1997-10-20Sold$40,000

For Sale by Agent

AgentTeikesha Hubert
BrokerageHubert & Co

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