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$4,300 -$202 (-4.49%) Price Reduced
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Property Description
Prime commercial space available for lease in Newark's desirable North Ward offering 2000 sq ft! This high-traffic location is surrounded by thriving businesses and offers excellent visibility and accessibility. Conveniently located near transportation to NYC, major highways, and shopping areas, making it an ideal location for both customers and employees. Parking is available for up to 5 cars. The space is ideal for a variety of professional and medical uses. Excellent location, great visibility, and convenient parking don't miss this opportunity to establish or expand your business in Newark North Ward. The tenant will be responsible for the snow removal.
Full Property Details
Full Property Details for 851 Mt Prospect Ave
General
- Price: $4,300
- Taxes: $8,006 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4055439
- Updated: 9/28/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Gross
- Lease Includes: Sewer, Water
- Lease Terms: 1 Year Minimum, 3-5 Year Minimum
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Restrooms - Private
Parking
- Parking: 1 Car Width
Location
- County: Essex
- Driving Directions: BETWEEN MONTCLAIR AVE AND VERONA 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: Wood
- Exterior Const.: Vinyl Siding
- Stories in Building: 1
- Square Feet: 1,600
- Aprox. Leasable: 1,600 Sq. Ft.
- Office: 500 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 25X132.6
- Zoning: COM
Financial Considerations
- Expenses: Water/Sewer
- Assessment Amount: $200,200
- Land Assmt: $61,600
- Tax Amount: $8,006
- Tax Year: 2025
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-00814-0001-00026-0000-
- Block: 814.01
- Lot Number: 26
Listed by Re/Max Professionals I
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Schools
Schools serving 851 Mt Prospect Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.2 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 0.4 mi |
New Park School 120 Manchester Place, Newark, NJ 07104 | 5-8 | 0.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.7 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 3.4 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 0.6 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 1.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 851 Mt Prospect Ave
Date
Details
Price
Change
Source
9/28/2026
Listed
$4,300
—
MLS
Disclaimer: Historical sales 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 851 Mt Prospect Ave
851 Mount Prospect Ave, Newark, NJ 07104 (MLS# 4055439) is a Commercial Lease property. 851 Mount Prospect Ave is currently listed for $4,300 and was received on September 28, 2026. Want to learn more about 851 Mount Prospect Ave? 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.

