Essex County  »  07104  »  MT Prospect Ave  »  881 MT Prospect Ave

881 Mt Prospect Avenue, Newark, NJ 07104 Property Information

881 Mt Prospect Avenue, Newark, NJ 07104 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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881 Mt Prospect Avenue, Newark, NJ 07104
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Address

Primary address 881 Mt Prospect Avenue, Newark
Zip code 07104
County Essex
Municipality Newark City
Block 842
Lot 1
Neighborhood Forest Hill

Sales & Tax Overview for 881 Mt Prospect Avenue, Newark

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Sale date 05/30/2019
Sale price $255,000
Arm's length
Property tax $5,815

Lot & Building Information for 881 Mt Prospect Avenue, Newark

Building class Commercial-Other (100)
Acreage 0.056
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 881 Mt Prospect Avenue, Newark

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About 881 Mt Prospect Avenue, Newark

What is the assessed value of 881 Mt Prospect Avenue, Newark, NJ 07104 and the property tax paid?

Assessed at $145,400, the tax amount paid for 881 Mt Prospect Avenue, Newark, NJ 07104 is $5,814.

When was 881 Mt Prospect Avenue, Newark, NJ 07104 last sold and what was the last sale price?

881 Mt Prospect Avenue, Newark, NJ 07104 was last sold in 05/30/2019 for $255,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 881 Mt Prospect Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
05/30/2019 $255,000

Title Documents for 881 Mt Prospect Avenue, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
05/30/2019 - D
06/06/2019 - R
Deed and Realty Tax Fees
05/15/1973 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 881 Mt Prospect Avenue, Newark

Access detailed property tax data for 881 Mt Prospect Avenue, Newark, NJ 07104. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $5,815
Market value $145,400

Assessment History for 881 Mt Prospect Avenue, Newark

Here's the assessment & property tax history for 881 Mt Prospect Avenue, Newark, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $145,400 $145,400 3.999 $5,815 +5.15%
2024 $145,400 $145,400 3.803 $5,530 +2.01%
2023 $145,400 $145,400 3.728 $5,421 -0.21%
2022 $145,400 $145,400 3.736 $5,432 +0.05%
2021 $145,400 $145,400 3.734 $5,429 -1.74%

Demographics by Zip Code

Total population 52,266
Median age 36.5
Average household income $74,052
Family households 60.7%
Occupied housing units 20,207
Owner occupied units 28.4%
Average number of people per household 2.55
Median year structure built 1964
Median value for units with a mortgage $409,400
Median value for units without a mortgage $265,700

Risk

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FEMA flood zone(s) X (See more on map)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 881 Mt Prospect Avenue, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 881 Mt Prospect Avenue, Newark

Here are the neighbors for 881 Mt Prospect Avenue, Newark.

Address Square feet Purchase date Purchase price
889-891 MT Prospect Ave, Newark 11/04/2022 $1
206-210 Sylvan Ave, Newark
905-913 MT Prospect Ave, Newark 06/23/2021 $600,000
217 Sylvan Ave, Newark 2,386 04/30/2014 $230,000
220 Sylvan Ave, Newark
890-892 Summer Ave, Newark 04/07/2026 $1
883-885 MT Prospect Ave, Newark 03/08/1990
893-895 MT Prospect Ave, Newark 05/16/2023 $1
198-204 Sylvan Ave, Newark 03/01/1987
218 Sylvan Ave, Newark
903 MT Prospect Ave, Newark 2,392 11/12/1986
897 MT Prospect Ave, Newark 2,392 01/31/2007 $410,000
213 Sylvan Ave, Newark 2,392 12/16/2005 $395,000
887 MT Prospect Ave, Newark 3,962 06/14/2000 $159,000
216 Sylvan Ave, Newark
899 MT Prospect Ave, Newark 3,068 01/03/2017 $10
212-214 Sylvan Ave, Newark 12,970
901 MT Prospect Ave, Newark 2,392 04/04/2017 $345,000
219 Sylvan Ave, Newark 3,874 12/19/2003 $262,000
215 Sylvan Ave, Newark 12/12/2014 $50,000

Nearby ZIP Codes for 881 Mt Prospect Avenue, Newark

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