279 Mount Prospect Ave | Newark, NJ 07104
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- LoopNet Team
279 Mount Prospect Ave
Newark, NJ 07104
Mt. Prospect Apartments · Multifamily Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- Existing rents are 17% below market rents
- 10 minutes to Newark Liberty International Airport
- Easy access to I-78, Route 21, Route 1&9 and Garden State Parkway
- Tenants are responsible for separately metered heat & A/C units and electric
- 6 miles to Newark Liberty Airport and situated closely to JFK and ?La Guardia Airports
- One mile from Broad Street Station with a 35 minute door-to-door commute to Midtown Manhattan
PROPERTY FACTS
| No. Units | 35 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 60,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1950 |
| Building Class | C | ||
| Zoning | R-4 | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 60,000 SF |
| No. Stories | 4 |
| Year Built | 1950 |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Range
PROPERTY TAXES
| Parcel Number | 14-00559-0000-00045 | Improvements Assessment | $1,770,000 |
| Land Assessment | $680,000 | Total Assessment | $2,450,000 |
PROPERTY TAXES
Parcel Number
14-00559-0000-00045
Land Assessment
$680,000
Improvements Assessment
$1,770,000
Total Assessment
$2,450,000
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