662 Mt Prospect Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully renovated three family home located in Newark's desirable Forest Hill! Each unit features modern finishes, washer and dryer hookups, forced air heating, and brand new gleaming hardwood floors throughout. The first floor unit offers three generously sized bedrooms, a bright living room, a eat-in kitchen, and a full bathroom. The second floor unit also features three spacious bedrooms, including one with an en-suite bath, along with a large sun filled living room, a eat-in kitchen, and a main...Fully renovated three family home located in Newark's desirable Forest Hill! Each unit features modern finishes, washer and dryer hookups, forced air heating, and brand new gleaming hardwood floors throughout. The first floor unit offers three generously sized bedrooms, a bright living room, a eat-in kitchen, and a full bathroom. The second floor unit also features three spacious bedrooms, including one with an en-suite bath, along with a large sun filled living room, a eat-in kitchen, and a main bathroom. The third floor includes a chic one bedroom apartment with a stylish and efficient layout. The property also features a large basement with a separate walk-out offering added flexibility. An ideal opportunity for an owner-occupant or investor seeking a turnkey multi-family property in a prime location. Will be delivered vacant!
  1. Listed by JUAQUANNA GAINES • ESSENTIAL REAL ESTATE

Property Details for 662 Mt Prospect Avenue

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Days On Market
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LISTING UPDATED: 01/09/2026 08:02 PM

Property Details for 662 Mt Prospect Avenue

StatusActive
MLS #4004251
Days on Market19
Taxes$7,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built9999
Lot Size0.09 AC / 3,920 SF
CountyEssex County

Location

Listing Courtesy of ESSENTIAL REAL ESTATE, JUAQUANNA GAINES
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Building Information for 662 Mt Prospect Avenue

Stories-Residences3Year Built9999Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$4,444 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,845

Property Taxes

$598

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 662 Mt Prospect Avenue

Summary
Location and General Information
  • Address Included: Y
  • Renovated Year: 2025
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 737
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 662.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Mount Prospect Ave
  • Zip Code: 07104-5631
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,180
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 188800.0
  • Tax ID For Property: 1614-00737-0000-00012-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
Property
Lot Information
  • Lot Identifier: 12
  • Approximate Lot Size: 30X130
  • Total Acres: 0.09
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 166000.0
  • Assessment Land: 22800.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas In Street
  • Water: Public Water
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick/Block, Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2600.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2750.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water
  • Unit 3 Rent: 1800.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 2.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 662 Mt Prospect Avenue

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Listed (Active)

GSMLS #4004251

$789,000
Mar 27, 2024

Sold (Public Record)

Public Record #1531363053

$445,000

+6.8% / yr

Jan 17, 2024

Temporarily Off Market

GSMLS #3823324

May 9, 2023

Price Change

GSMLS #3823324

$439,900
Apr 3, 2023

Price Change

GSMLS #3823324

$449,900
Feb 22, 2023

Price Change

GSMLS #3823324

$474,000
Jan 28, 2023

Price Change

GSMLS #3823324

$499,000
Jan 6, 2023

Temporarily Off Market

NJMLS #23000523

Jan 6, 2023

Price Change

GSMLS #3823324

$550,000
Jan 6, 2023

Price Change

NJMLS #23000523

$550,000
Jan 6, 2023

Price Change

GSMLS #3823324

$499,000
Jan 6, 2023

Price Change

NJMLS #23000523

$499,000
Jan 6, 2023

Price Change

GSMLS #3823324

$474,000
Jan 6, 2023

Price Change

NJMLS #23000523

$474,000
Jan 6, 2023

Price Change

GSMLS #3823324

$449,900
Jan 6, 2023

Price Change

NJMLS #23000523

$449,900
Jan 6, 2023

Listed (Active)

GSMLS #3823324

$439,900
Jan 6, 2023

Listed (Active)

NJMLS #23000523

$439,900
Oct 20, 2021

Sold (Public Record)

Public Record #1477164658

$379,000

+36.1% / yr

Apr 18, 2019

Sold (Public Record)

Public Record #644970872

$175,000

+6.3% / yr

Oct 9, 2013

Sold (Public Record)

Public Record #410152497

$125,000

-13.5% / yr

Oct 5, 2005

Sold (Public Record)

Public Record #250272586

$400,000
DateEvent & SourcePrice
01/09/2026

Listed (Active)

GSMLS #4004251

$789,000
03/27/2024

Sold (Public Record)

Public Record #1531363053

$445,000

+6.8% / yr

01/17/2024

Temporarily Off Market

GSMLS #3823324

05/09/2023

Price Change

GSMLS #3823324

$439,900
04/03/2023

Price Change

GSMLS #3823324

$449,900
02/22/2023

Price Change

GSMLS #3823324

$474,000
01/28/2023

Price Change

GSMLS #3823324

$499,000
01/06/2023

Temporarily Off Market

NJMLS #23000523

01/06/2023

Price Change

GSMLS #3823324

$550,000
01/06/2023

Price Change

NJMLS #23000523

$550,000
01/06/2023

Price Change

GSMLS #3823324

$499,000
01/06/2023

Price Change

NJMLS #23000523

$499,000
01/06/2023

Price Change

GSMLS #3823324

$474,000
01/06/2023

Price Change

NJMLS #23000523

$474,000
01/06/2023

Price Change

GSMLS #3823324

$449,900
01/06/2023

Price Change

NJMLS #23000523

$449,900
01/06/2023

Listed (Active)

GSMLS #3823324

$439,900
01/06/2023

Listed (Active)

NJMLS #23000523

$439,900
10/20/2021

Sold (Public Record)

Public Record #1477164658

$379,000

+36.1% / yr

04/18/2019

Sold (Public Record)

Public Record #644970872

$175,000

+6.3% / yr

10/09/2013

Sold (Public Record)

Public Record #410152497

$125,000

-13.5% / yr

10/05/2005

Sold (Public Record)

Public Record #250272586

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 662 Mt Prospect Avenue

Taxable ValueLand$22,800Additions$166,000Total$188,800
Tax Record2024$7,180 ($598 / month)
Home Facts
Beds0Total Finished SqFt4,490 SqFtAbove Grade Finished SqFt4,490 SqFtStories3Lot Size3,899 SqFtStyleSingle Family ResidenceYear Built1911CountyESSEXAPN14 00737-0000-00012

Schools near 662 Mt Prospect Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Ridge Street Elementary School
PublicPK to 8

Luis Munoz Marin Ele
PublicPK to 8

New Park School
PublicPK to 8

Elliott Street Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

Similar Sold Homes

662 Mt Prospect Avenue is a multi-family home for sale in Newark, NJ 07104. This property was listed for sale on January 9, 2026 by ESSENTIAL REAL ESTATE, it's currently listed at $789,000. It has been on the market for a total of 19 days and was last sold on March 27, 2024. This listing's school district is The Newark Public School District. Nearby schools include Ridge Street Elementary School, Luis Munoz Marin Ele and New Park School. 662 Mt Prospect Avenue is a 7-bed, 4-bath, multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ESSENTIAL REAL ESTATE, JUAQUANNA GAINES

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/29/2026 03:50 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/29/2026 03:50 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.