Renovated Office Space For
For Lease
$4,000/Mo
654 Mount Prospect Ave, Newark, NJ 07104
Commercial space in Northward district, suitable for professional uses.
Space SizeContact for details
Days on Market150
Property Features for 654 Mount Prospect Ave
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$53,166
Amenities
Central air
Asphalt Shingle Roof
1 Car Width
1 Unit Heating
Central Air Cooling
Driveway-Exclusive
Forced Hot Air Heating
Building Details
Year Built
9999
Listing Agency:
RE/MAX PROFESSIONALS I
(973) 450-4000
Listed By:
CARMEN JIMENEZ · License #9911046
Source:
Corcoran
Added: Mar 25
Changed: Aug 20
Last Checked: Aug 20 at 4:18AM
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 commercial space for lease is located in the Northward district and offers approximately 1,500 sq ft of fully renovated interior space. The building provides elevator access, on-site parking, and a private restroom. The location is near public transportation. It is suited for a variety of professional uses, including a physical therapy practice, medical or doctor’s office, wellness center, accounting firm, law office, yoga or Pilates studio, and more.
Key Highlights
- Fully renovated 1,500 sq ft interior space
- Ideally located near public transportation
- On‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,329
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Newark, NJ
$27.45 /SF/Yr
Avg Asking Price
$8.09–$59.38 /SF/Yr
Price Range
8,041 SF
Avg Space Size
This space is priced 17% above the average of $27.45 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial space in Northward district, suitable for professional uses.
Where is this office units located?
The property is located at 654 Mount Prospect Ave Newark, NJ.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Fully renovated 1,500 sq ft interior space; Ideally located near public transportation; On‑site parking
