$1,800,000 770-778 Mt Prospect Ave Newark City, NJ

ID: 3689220   Type: Land   County: Essex   City: Newark City   Neighborhood: Forest Hills   Zip: 07104     Taxes: $11,087

Mortgage $8,451 /mo

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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.

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Price History

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

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

Property Schools



Direct Link:

https://www.awvwco.com/property/38-3689220-770-778-Mt-Prospect-Ave-Newark-City-NJ-07104

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Property vs Zip Code Avg (07104)

Price 1.80M Avg 1.44M

Taxes $11,087 Avg $10,742

Acres 0.36 Avg 0.29

Visits 352 Avg 264

Days on Site 147 Avg 147

Walkscore® 79 Avg 84

Data Provided by Walkscore ® not using MLS data

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Location & Address

A.W. Van Winkle & Co Est. 1692
2 Station Square
Rutherford, NJ
201-571-1002
201-939-2574

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