461-467 Mount Prospect Ave Newark, NJ ^$ 4,000,000

461-467 Mount Prospect Ave

^$ 4,000,000

Back to search

461-467 Mount Prospect Ave

Newark, NJ, 07104

^$ 4,000,000

Bedrooms-- Baths-- Sq 9,999

Monthly Estimate*

^$ 24,955

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 1

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 2

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 3

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 4

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 5

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 6

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 7

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 8

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 9

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 10

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 11

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 12

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 13

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 14

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 15

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 16

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 17

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 18

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 19

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 20

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 21

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 22

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 23

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 24

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 25

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 26

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 27

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 28

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 29

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 30

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 31

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 32

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 33

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 34

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 35

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 36

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 37

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 38

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 39

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 40

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 41

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 42

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 43

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 44

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 45

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 46

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 47

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 48

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 49

461-467 Mount Prospect Ave, Newark, NJ 07104 - Image 50

Commercial Property for sale in Newark, NJ

for $4,000,000 with 5 half baths. This 9,999 square foot building was built in 1950 on a lot size of 0.67.

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!

Commercial Active

Price

^$ 4,000,000

Half Bath

Property Type

Commercial

Taxes

^$ 50,260

Style

Office Building Complex

Lot Size

0.67

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

3983444

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating Forced Hot Air

Cooling Central Air

Utilities Electric

Possession At Closing

Roof Asphalt Shingle

Zoning Commercial

Year Built 1950

Township Newark City

Property Type Free Standing Office Office Building Complex Office Building Complex

Tax Year 2024

Ownership Fee Simple

Location Business District

County Essex

Status Active

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

Number Of Units Total 5

Tax Annual Amount 50260

Drive Parking Lot-Exclusive

Leasable Area 9999

Standard Status Active

Tax Assessed Value 1321600

Town # 1614

Tax Lot 27

Interior

Basement Finished

Fuel Type Gas-Natural

Total Stories 3

Half Baths 5

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 9999

Lot Dimensions 100X290.3

Lot Size Acres 0.67

* Excluded Features

List By

PETER BOUTROS

Listing Agent

Exp Realty, Llc

Broker

peter@stunningnjhomes.com

Affordability Calculator

$29,143

Per Month

Monthly Principal & Interest: $24,955
Monthly Property Taxes: $4,188
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Newark, NJ

Average List Price ^$1,123,720

Percent of Sale Price 72%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/27/2025	$4,000,000		Listed Price

Map

More homes like this one

homes for you

See all

461-467 Mount Prospect Ave, Newark, NJ, 07104 is a Commercial Property for sale at $4,000,000 with 9,999 sqft and a lot size of 0.67. 461-467 Mount Prospect Ave was built in 1950. The property's zip code is 07104 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

461-467 Mount Prospect Ave

Commercial Property for sale in Newark, NJ

Affordability Calculator

Map

More homes like this one

Get more info about this home