Date
Details
Price
Change
Source
1/30/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,900,000
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Property Description
137 Prospect is an Established walk-in urgent medical clinic for over 35 years in a great location. Medical practice on the first floor with additional space available on the second floor and lower level. First floor is approximately 2000 sq.ft. consisting of 4 exams rooms, kitchen area, private office, reception, and waiting room. Two apartments on the second floor with the ability to expand. Finished basement. Central HVAC. 139 Prospect is a vacant lot, 30x100, currently used for parking/garage. This is buildable lot in a MX-1 zone. Blocks for Newark Penn Station.
Full Property Details
Full Property Details for 137-139 Prospect St
General
- Price: $1,900,000
- Taxes: $22,592 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4007456
- Updated: 1/30/2026
- Added to Site: 64 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 5
Additional Information
- Equipment: Fire Alarm, Intercom, Kitchen Area, Restrooms - Private, Sign - Building, Smoke Detector
Parking
- Garage Spaces: 8
- Parking: Blacktop, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: 137 Prospect
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Ceiling Height: 10
- Door Dimensions: 7
- Stories in Building: 2
- Square Feet: 4,000
- Office: 2,000 Sq. Ft.
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- Units w/Full Bath: 2
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: 5279
- Zoning: MX-1
- Lot Description: Irregular Lot, Level Lot
Financial Considerations
- Assessment Amount: $594,100
- Land Assmt: $336,000
- Tax Amount: $22,592
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 1614-00192-0000-00023-0000-
- Block: 192
- Lot Number: 23-24
Listed by Exit Realty Lucky Associates
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— 137-139 Prospect St —
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Price & Sales History for 137-139 Prospect St
Tax History
Tax History for 137-139 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,861
2%
$206,700
—
2023
$7,706
—
$206,700
—
2022
$7,722
—
$206,700
—
2021
$7,718
33%
$206,700
—
2021
$5,818
-25%
$206,700
—
2019
$7,774
2%
$206,700
—
2018
$7,633
4%
$206,700
—
2017
$7,359
4%
$206,700
—
2016
$7,110
4%
$206,700
—
2015
$6,840
12%
$206,700
—
2013
$6,104
—
$206,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137-139 Prospect St
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- Single Family
- Active
- Updated 4 days ago
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
Listed by Lim Bances Realty
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- Commercial
- Closed
Listed and Sold by FERREIRA REALTY & ASSOCIATES
137-139 Prospect St, Newark, NJ 07105 (MLS# 4007456) is a Commercial property. 137-139 Prospect St is currently listed for $1,900,000 and was received on January 30, 2026. Want to learn more about 137-139 Prospect St? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.