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Renovated Office Unit
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654 Mount Prospect Ave, Newark, NJ 07104

Fully renovated commercial space with elevator access, parking, and a private restroom.

Property Size1,500 SF
Price / SF$2.67
Days on Market34

Property Features for 654 Mount Prospect Ave

General Information

Standard status Active
Size 1,500 SF
Elevators Yes

Additional Details

Public Transit Yes

Amenities

private restroom

Building Details

Year Built 9999
Listing Agency: RE/MAX PROFESSIONALS I
Listed By: CARMEN JIMENEZ · License #9911046
Source: Luminancerealty
Added: Jul 28 Changed: Aug 30 Last Checked: Aug 30 at 5:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX PROFESSIONALS I

Investment Insights

Based on property information with market context.

This approximately 1,500 sq ft office unit offers a fully renovated interior designed for professional occupancy. The building provides elevator access, on-site parking, and a private restroom for occupant and visitor convenience.

Situated at 654 Mount Prospect Ave in Newark City, the property is near public transportation, providing access for clients and staff. The space is suited to professional applications identified in the listing, including physical therapy, medical or doctor’s office use, wellness services, accounting, legal services, and yoga or Pilates instruction.

Key Highlights

  • Approximately 1,500 sq ft of fully renovated interior space
  • Elevator access within the building
  • On‑site parking

Property Analytics

Current Use

Dr. Claudia E. ... Physician Dr. Javier Ponce ... Physician MT. Prospect Pharmacy Pharmacy Power House Psychotherapy ... Medical Clinic Manthan Patel Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,329
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fully renovated commercial space with elevator access, parking, and a private restroom.
Where is this office units located?
The property is located at 654 Mount Prospect Ave Newark, NJ.
What are key features of this property?
This property features: Approximately 1,500 sq ft of fully renovated interior space; Elevator access within the building; On‑site parking
More about this property
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