- For Sale $800,000
- Property Type Special
- Property Size 3,000 SF
- Lot Size 0.07 Acre
- Date Updated Apr 17, 2025
Attention Investors! Discover an exceptional opportunity to develop in the highly sought-after Forest Hill Section of Newark. This mixed-use property features two combined lots: Lot 17 measures 25 x 130 and 25 x 60, while Lot 18 offers 25 x 150. The site includes an existing building currently and two fully rented apartments, along with a dedicated parking lot. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
78/100 Very Walkable
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Transit Score ®
64/100 Good Transit
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Bike Score ®
45/100 Somewhat Bikeable
- City Newark, NJ
- Neighborhood Forest Hill
- Zip Code 07104
- Market New Jersey
Points of Interest
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Branch Brook Park
0.55 miles
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Davenport Avenue
0.61 miles
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Bloomfield Avenue
0.90 miles
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Grove Street
1.18 miles
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Watsessing Avenue
1.75 miles
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Broad Street Station
1.89 miles
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Orange Street
1.90 miles
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Riverfront Stadium
2.00 miles
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Atlantic Street
2.10 miles
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Harriet Tubman Square
2.12 miles
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Millenium
0.57 miles
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Exxon
0.61 miles
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Delta
0.69 miles
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Wawa
1.03 miles
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Silver Lake Pit Stop
1.03 miles
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Sunoco
1.11 miles
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Conoco
1.15 miles
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Tesla Supercharger
2.40 miles
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Eagle West
1.99 miles
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Lot 18
2.02 miles
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Essex County Parking Garage
2.03 miles
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Essex Lot
2.03 miles
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Lot 12
2.09 miles
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Lot 12C
2.10 miles
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Lot 12B
2.11 miles
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Lot E
2.13 miles
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Lot 7
2.20 miles
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Lot 16
2.23 miles
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Comfort Suites Newark - Harrison
1.34 miles
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Casa Majo
1.56 miles
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Belleville Motor Lodge
1.59 miles
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Hampton Inn
1.94 miles
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Rodeway Inn
2.07 miles
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Casa Tito
2.15 miles
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Best Western Robert Treat Hotel
2.46 miles
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TRYP Newark
2.50 miles
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Hilton
2.70 miles
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Hotel Indigo Newark Downtown
2.77 miles
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Omar's Cafe
0.01 miles
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White Castle
0.29 miles
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McDonald's
0.33 miles
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Chris' Red Hots
0.46 miles
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Burger King
0.57 miles
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Tropical Juice Bar
0.59 miles
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Dunkin'
0.60 miles
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Lin's Garden Restaurant
0.67 miles
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Stephanie's Barbecue IV
0.68 miles
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China Taste
0.84 miles
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Christ The King Preparatory High School
0.12 miles
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Our Lady of Good Counsel Grade School
0.13 miles
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Elliott Street Elementary School
0.28 miles
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Ridge Street Elementary School
0.31 miles
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Luis Munoz Marin Middle School
0.36 miles
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Summer Place School
0.43 miles
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Robert Treat Academy
0.65 miles
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Park Elementary School
0.68 miles
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Abington Avenue Elementary School
0.81 miles
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Saint Francis Xavier School
0.83 miles
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Little Friends
1.23 miles
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Growing Seeds Learning Academy
1.25 miles
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Super Kids Academy
1.46 miles
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Sun Shine
1.62 miles
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Future Generation Early Learning Center
2.47 miles
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Executive Baby
2.50 miles
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Wyonna's House
2.51 miles
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Child Development Center
2.53 miles
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Elite Day Care LLC
2.54 miles
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All About Kids
2.65 miles
Frequently Asked Questions
The space currently listed for sale at 650 MT Prospect Ave asks for $800,000.
650 MT Prospect Ave totals 3,000 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Stanton Company