Medical Center

Newark, NJ Medical Centers for Sale

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Established Medical Clinic with Expansion
Updated: Jan 30
Established Medical Clinic with Expansion

137 Prospect St, Newark, NJ 07105

$1,900,000
4,000 sqft 0.10 AC lot
Established medical clinic location for over 35 years.
MX‑1 zoned buildable vacant lot (30x100) included, currently used for parking/garage.
First floor medical practice featuring 4 exam rooms, kitchen, office, reception, and waiting room (approx. 2000 sq.ft.).
Two apartments on the second floor with expansion potential.
Finished basement provides additional space.
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This listing looks promising.

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137 Prospect St, Newark City, NJ 07105

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Medical-Dental Practice Condo
Established Medical-Dental Practice Condo

139 Centre Street, New York, NY 10013

$299,000
905 sqft 0.02 AC lot

Fully built-out medical-dental practice with established patient base.

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Turnkey Internal Medicine Medical Office
Turnkey Internal Medicine Medical Office

7515 13th Avenue, Brooklyn, NY 11228

$400,000
1,000 sqft 0.04 AC lot

Turnkey internal medicine practice with on-site FDA-certified lab and transferable equipment, records, and insurance networks.

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Lenox Hill Medical Office Suite
Lenox Hill Medical Office Suite

360 East 72nd Street, New York, NY 10021

$1,695,000
1,800 sqft

Move-in ready medical office suite in Lenox Hill.

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Bay Ridge Community Facility For Sale
Bay Ridge Community Facility For Sale

8710 5th Ave, Brooklyn, NY 11209

$6,990,000
21,294 sqft

Three-story building with a usable lower level, totaling 21,294 sqft.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Residential and Commercial Land
Zoned Residential and Commercial Land

6217-6233 MEADOWVIEW AVE, North Bergen, NJ 07047

$4,179,999
0.57 AC lot

Zoned R1, R3, and C1 land with environmental testing completed and pending approvals for redevelopment planning.

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Harlem Development Opportunity
Harlem Development Opportunity

New York City, NY 10027

$1,499,000
20,780 sqft 0.07 AC lot

Vacant lot in Central Harlem, ideal for community facility.

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Brewster, NY Commercial Land
Brewster, NY Commercial Land

1553 22 Route, Brewster, NY 10509

$700,000
2.14 AC lot

2.14 acre commercial land suitable for various development projects.

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Evesham Road Development Opportunity
Evesham Road Development Opportunity

850 East Evesham Road, Cherry Hill, NJ 08003

$1,900,000
3.79 AC lot

Development-ready +/-3.79-acre site on Evesham Road corridor.

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Newark, NJ Medical Centers Market Trends and Statistics

Explore 1 medical centers for sale in Newark, NJ on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $1,900,000.

Sale prices for medical buildings in Newark, NJ start at $1,900,000, averaging $1,900,000, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Spa & wellness properties 3
Assisted living facilities 1
Medical centers 1
Medical space 1
Rehabilitation centers 1

Demographics Overview

Population 307K
Population Growth (5Y) +8.9%
Median Household Income $47,918
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07105 $1.9M

Taxes & Financing

Tax Rate (average for all types) 3.63%
Property Tax per SF $23.25 per SF
Tax Rate vs County Average 0.60 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the 50,000 to 100,000 square foot range.

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