# 570 Mount Prospect Ave, Newark City, NJ 07104-1530

> **TL;DR:** 8bd/7ba single family, $675,000, built 1920.
> Fireplace, Basement. Est. $2,925/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $675,000 |
| Bedrooms | 8 |
| Bathrooms | 5 full, 2 half |
| Year Built | 1920 |
| Lot Size | 11,761 sqft (0.27 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,925 |
| **Total** | **$2,925** |

## Key Amenities

- Fireplace
- Basement

## Property Highlights

- Built in 1920
- 0.27 acre lot
- 3 parking spaces
- Fireplace

## Description

### Agent Description
**Investor Opportunity**  1-Family in R2 Zoning, 1 to 3 family. This legal 1-family property is positioned on a busy street surrounded by a mix of residential homes and professional office spaces, excellent candidate for redevelopment or value-add investment. Single family, two floor with a grand staircase, 3 Bedroom, 3 full and 2 half baths, detached 2 car garage and TWO 1 bedroom apartments with separate entrances. Located in the Forest Hill neighborhood close to Branch  Brook Park.With a total of 23 rooms, including multiple bathrooms, and a detached 2-car garage, this property offers significant scale and potential. While the property is in need of renovations, it presents a unique opportunity for investors seeking to reposition a multi-family in a high-demand market. The large footprint and flexible layout provide options for reconfiguration, modernization, or conversion to meet today's rental and mixed-use demand. With strong rental demand in Newark and the growing trend of mixed-use conversions in the area, this property offers excellent potential upside for the right buyer.This is your chance to acquire a value-add project in a prime location ideal for seasoned investors or developers looking to maximize return on investment.

## Location

- **Address:** 570 Mount Prospect Ave, Newark City, NJ 07104-1530
- **County:** Essex
- **Coordinates:** 40.77136, -74.16805
- **Google Maps:** https://www.google.com/maps?q=40.77136,-74.16805

## Listing Agent

- **Name:** DOUGLAS RAMOS
- **Brokerage:** CENTURY 21 ALLIANCE REALTY
- **Phone:** 9085875222
- **Email:** maindesk@C21ar.net

## Primary Photo

![570 Mount Prospect Ave - Primary Photo](http://lh.rdcpix.com/cebe2e39768e2d44c4bc849a9ae69cfbl-f3637898692r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/570-mount-prospect-ave-newark-city-nj-07104-1530-4011668)*

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**MLS#:** 4011668 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/570-mount-prospect-ave-newark-city-nj-07104-1530-4011668)

---

## Structured Data

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  "name": "570 Mount Prospect Ave, Newark City, NJ 07104-1530",
  "description": "**Investor Opportunity**  1-Family in R2 Zoning, 1 to 3 family. This legal 1-family property is positioned on a busy street surrounded by a mix of residential homes and professional office spaces, excellent candidate for redevelopment or value-add investment. Single family, two floor with a grand staircase, 3 Bedroom, 3 full and 2 half baths, detached 2 car garage and TWO 1 bedroom apartments with separate entrances. Located in the Forest Hill neighborhood close to Branch  Brook Park.With a tota",
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