Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    654 Mount Prospect Ave, Unit 302 Newark, NJ 07104

    For Lease
    $4,000 /Mo ($32 SF/Yr)

    Commercial - Newark City, NJ

    Property size:
    1,500 SF
    Lot size:
    0.15 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 654 Mount Prospect Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    BUS
    Parking
    10
    Parking features
    Parking Lot
    Size
    1,500 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate, Tile
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Professionals I (973) 450-4000 [email protected]

    Listing agent CARMEN JIMENEZ (973) 450-4000

    Listing date Oct 15, 2025

    MLS# 3965156 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark City Turnkey Office Space

    Located in the Forest Hill neighborhood of Newark City, this turnkey office space is suitable for medical professionals and service-oriented businesses. Situated in a professional building on Mount Prospect Avenue, the property benefits from high visibility and accessibility. The interior includes a reception area, six exam rooms, administrative offices, and a private doctor's office. An exclusive parking lot is also available. The space is designed to accommodate various uses, including medical practices, law firms, wellness centers, title companies, accountants, insurance agencies, and yoga studios. The property size is 1500 square feet and the lot size is 0.15 acres.
    Location Intelligence

    Current Use by Public Records

    Dr. Claudia E. ... Internist Dr. Javier Ponce ... Podiatrist MT. Prospect Pharmacy Pharmacy Power House Psychotherapy ... Addiction Treatment Center Manthan Patel Physical Therapist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.16635
    Latitude
    40.77447

    Nearby Similar for Lease

    • $8,500 /Mo
      4,500 SF

      Newark Industrial Space For Rent

      Versatile industrial space in Newark's Ironbound section, ideal for various uses.
      372-376 Adams St, Newark, NJ 07114
      View Details
    • $7,000 /Mo
      2,614 SF

      Ironbound Warehouse/Office Combo with Parking

      Flexible warehouse/office space in Newark's vibrant Ironbound district.
      98 Delancy St, Newark, NJ 07105
      View Details
    • $4,500 /Mo
      2,000 SF

      Newark City Turnkey Office Space

      Turnkey office space in Newark's Forest Hill section.
      654 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $1,999 /Mo
      2,614 SF

      Newark Retail Space For Lease

      Ground-floor retail space in a new mixed-use building.
      549 S Orange Ave, Newark, NJ 07103
      View Details
    • $1,500 /Mo
      3,049 SF

      Retail Space with Approved License

      Commercial space with approved smoke license in Newark City.
      154 Elizabeth Ave, Newark, NJ 07108
      View Details
    • $16 SF/Yr
      22,216 SF

      Newark Warehouse Space Available

      7580 sqft warehouse in Newark City available for rent.
      425 Ferry St, Newark, NJ 07105
      View Details

    FAQs

    What type of property is this?
    Medical office - Turnkey office space in Newark's Forest Hill neighborhood.
    Where is this medical office located?
    The property is located at 654 Mount Prospect Ave, Unit 302 Newark, NJ.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey office space in the desirable Forest Hill neighborhood.; - Ideal for medical professionals and service-oriented businesses.; - Six exam rooms, reception area, administrative offices, and a private doctor's office.
    (973) 450-4000
    Request Owner's contact information
    654 Mount Prospect Ave, Unit 302 Newark, NJ 07104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    654 Mount Prospect Ave, Unit 302
    Newark, NJ 07104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    654 Mount Prospect Ave, Unit 302 Newark, NJ 07104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.