USANJNewark504 Springfield Ave
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504 Springfield Ave, Newark, NJ

Real Estate

For Sale

Listed price in listed location currency (USD).
$649,999

030

MLS® 4017527

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $10,713
Days Active 0
Approx. Age 1947
MLS® Number 4017527

Property Address: 504 Springfield Ave, Newark, NJ, 07103-2021

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-Use Building: Taxes 10, 713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy, making it an excellent opportunity for a variety of potential businesses. The 2nd and 3rd floors each include large, residential apartments with 3 or potential for 4 bedrooms 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, & both front and rear stair access. Separate utilities, Unfinished basement offering storage. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. Store Rent Potential $2, 500 - $3, 000 - (Potential Annual Income $100, 000 -$110, 000(+/-) - Total 4, 700 sq ft (+/-) Basement is 1, 229 sq ft Retail Floor is 1, 099 Sq ft - 2nd Floor Unit is 1, 184sqft, 3rd Floor Unit is 1, 184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.
MLS® Number4017527
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$649,999List Price
  • Commute

Commute

Starting Address
Destination Address
504 Springfield Ave, Newark, NJ

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