NJ
Essex
Newark City
07103
492 Springfield Ave
492 Springfield Ave, Newark City, NJ 07103
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Listing Type
Commercial/Industrial
Listing Status
Active
21
$749,000

Home Details for 492 Springfield Ave

Price
$749,000
Type
Commercial Sale
Lot size acres
0.04
County
Essex
Basement
Unfinished
Days on site
22
MLS Listing#
4023832
Property Description

Turnkey Mixed-Use Gem on Springfield Avenue! Welcome to 492 Springfield Avenue in Newark, NJ an exceptional investment opportunity combining strong income potential with prime commercial exposure. This versatile property features two generously sized residential units, each offering 3 bedrooms and 1 full bath, thoughtfully designed with separate utilities to maximize convenience and efficiency. The street-level commercial space presents endless possibilities perfect for retail, office, or service use while benefiting from outstanding visibility along one of the West Side's most active corridors. High foot and vehicle traffic make this an ideal setting for attracting steady business. Ideally located near public transportation, schools, shopping, and neighborhood amenities, this property appeals to both quality tenants and thriving businesses alike. Positioned in a rapidly developing area, it offers incredible upside for investors, owner-occupants, or entrepreneurs seeking a dynamic live-work setup. A rare chance to secure a high-performing asset in one of Newark's growing districts don't let this opportunity pass you by!

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: KELLER WILLIAMS PARK VIEWS - 201-939-0050
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Median Listing Price
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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