654 Mount Prospect Ave 302, Newark, NJ 07104 - Photo 1

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$4,000

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Property Description

Situated in the sought-after Forest Hill neighborhood of Newark, this turnkey office space offers an outstanding opportunity for medical professionals and service-oriented businesses alike. Located in a prominent professional building on Mt. Prospect Avenue, the property boasts excellent visibility and convenient access.The well-planned interior features a welcoming reception area, six exam rooms, administrative offices, a private doctor's office, and an exclusive parking lot. Designed to accommodate a range of uses, the space is ideal for medical practices, law firms, wellness centers, title companies, accountants, insurance agencies, or yoga studios.Move-in ready and perfectly positioned for growth, this prime location is more than just an office it's a solid foundation for your success, whether you're expanding an existing practice or launching a new venture

Full Property Details

Full Property Details for 654 Mount Prospect Ave 302

General

Price: $4,000
Taxes: $50,560 (2024)
Status: Active
Type: Commercial Lease
Source: Garden_State
MLS ID: 3965156
Updated: 10/15/2025
Added to Site: 238 day(s) ago

Business

Includes: Lease Only

Rental Information

Lease/Rent Term: Net
Lease Includes: Water
Lease Terms: 1 Year Minimum, 3-5 Year Minimum

Interior

Flooring: Laminate, Tile

Rooms

Bathrooms

Total Bathrooms: 1
Restrooms: 1

Additional Information

Equipment: Restrooms - Private, Restrooms - Public

Parking

Garage Spaces: 10
Total Spaces: 10
Parking: 1 Car Width, Parking Lot-Exclusive

Location

County: Essex
Driving Directions: BETWEEN HELLER PKWY AND ELWOOD AVE
Location Details: Business District

Heating & Cooling

Cooling Type: 1 Unit, Central Air Conditioning
Heating Type: 1 Unit, 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.: Vinyl Siding
Roof: Asphalt Shingles
Stories in Building: 1
Square Feet: 1,500
Aprox. Leasable: 1,500 Sq. Ft.
Office: 1,500 Sq. Ft.
Year Built: 2019

Lot Features

Lot Size (Acres): 0.15
Lot Size: 6625 SF
Zoning: BUS

Financial Considerations

Price Per Sq. Ft.: $26
Assessment Amount: $1,329,500
Land Assmt: $136,500
Tax Amount: $50,560
Tax Year: 2024
Owner Pays: Water
Tenant Pays: Electric, Gas, Heat, Hot Water
Pays Utilities: Tenant

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: No Documents Available
APN: 1614-00737-0000-00015-0000-
Block: 737
Lot Number: 15

Listed by Re/Max Professionals I

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— 654 Mount Prospect Ave 302 —

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Schools

Schools serving 654 Mount Prospect Ave 302

School District:Newark City School District

Name	Grades	Distance
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104	K-4	0.2 mi
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104	PK-4	0.3 mi
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104	5-8	0.3 mi
New Park School 120 Manchester Place, Newark, NJ 07104	5-8	0.7 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	0.9 mi
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104	K-4	1 mi
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	1 mi
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104	PK-4	1.4 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	1.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 654 Mount Prospect Ave 302 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/24/2025

Price Reduced

$4,000

-8.57%

MLS

5/26/2025

Listed

$4,375

—

MLS

Get Price Alerts and Save Property

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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654 Mount Prospect Ave 302, Newark, NJ 07104 (MLS# 3965156) is a Commercial Lease property. 654 Mount Prospect Ave 302 is currently listed for $4,000 and was received on May 26, 2025. Want to learn more about 654 Mount Prospect Ave 302? Do you have questions about finding other Commercial Lease real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

654 Mount Prospect Ave 302 Newark, NJ 07104