Commercial Real Estate for Sale at 461-467 Mount Prospect Ave in Newark City, NJ for $4,000,000

Listing data updated October 2, 2025 - 11:42pm
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461-467 Mount Prospect Ave | Newark City

$4,000,000 | 5 Baths (5 Half) | 9,999 Sq. Ft.

Discover a rare investment and business opportunity in one of Newark's most established neighborhoods! This beautifully maintained commercial building is currently home to thriving medical practices, offering a professional setting that's perfectly suited for healthcare providers, office use, or future redevelopment potential. Featuring excellent visibility, on-site parking, and a prime location surrounded by a strong residential community, this property provides endless growth possibilities. Now is the time to secure this one-of-a-kind property before it's gone! GSMLS 3983444

Directions to property: From Route 21, take Mill St to Mt Prospect Ave, head north, property is on the right. GPS works fine

MLS Listing ID: 
GSMLS 3983444
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$4,000,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
461-467 Mount Prospect Ave, Newark City, NJ 07104-2907, U.S.A.
County: 
Essex
Latitude: 
40.7676000
Longitude: 
-74.1695700
Directions: 
From Route 21, take Mill St to Mt Prospect Ave, head north, property is on the right. GPS works fine
Public Remarks: 
Discover a rare investment and business opportunity in one of Newark's most established neighborhoods! This beautifully maintained commercial building is currently home to thriving medical practices, offering a professional setting that's perfectly suited for healthcare providers, office use, or future redevelopment potential. Featuring excellent visibility, on-site parking, and a prime location surrounded by a strong residential community, this property provides endless growth possibilities. Now is the time to secure this one-of-a-kind property before it's gone!
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1950
Living Area: 
9,999
Basement: 
Finished
Construction
Construction Materials: 
Brick/Block
Roof: 
Asphalt Shingle
Exterior: 
Vinyl Siding
Energy Information: 
Electric
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.67
Lot Size (Dimensions): 
100X290.3
Waterfront: 
0
Lot Features
Driveway: 
Parking Lot-Exclusive
Parking Type: 
Parking Lot-Exclusive
Public Record
Parcel Number: 
1614-00627-0000-00027-0000-
Lot Number: 
27
Annual Tax: 
$50,260.00
Property Zoning: 
Commercial
Contract Details
Details about the listing contract.
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP REALTY, LLC

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