Residential For Sale

492 Springfield Avenue, Newark, Nj 07103

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Property Description

Prime Mixed-Use Opportunity on Springfield AvenueWelcome to 492 Springfield Avenue, Newark, NJ a versatile mixed-use property offering a perfect blend of commercial potential and residential income. This well-positioned building features two spacious apartments, each boasting 3 bedrooms and 1 bath, with separate utilities for convenience and flexibility. The ground-level commercial space is ideal for retail, office, or service businesses, benefiting from high visibility on a bustling thoroughfare in the vibrant West Side neighborhood. With its proximity to public transportation, schools, shops, and other amenities, this property is a magnet for both tenants and customers. Situated in an area of growth and development, it presents a unique opportunity for investors, business owners, or those seeking a live-work space. Don’t miss your chance to own a high-potential property in the heart of Newark!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 24038454
Price : $950,000
View : None
Status : Active
Office Name : Signature Realty NJ LLC
Agent Name : Claudia Brombauer
Property Sub Type : 2 Family
Features
Heating System : Gas, Multi-Zone
Cooling System : Central Air
Basement : Unfinished
Fireplace : None
Parking : O/See Remk
Utilities : O/See Rmks
Waterfront Features : None
Laundry Features : In Unit
Address Map
Country : US
State : NJ
County : ESSEX
City : Newark
Zipcode : 07103
Street : Springfield
Street Number : 492
Street Suffix : Avenue
Longitude : W75° 33' 30.1''
Latitude : N40° 41' 1.4''
Additional Information
Construction Materials : Vinyl
Lot Features : Irregular
On Market Date : 2024-12-07
Financial
Tax Annual Amount : 12000
Listing Information
List Agent Mls Id : 1024443
List Office Mls Id : 2904
Modification Timestamp : 2024-12-07T09:53:03Z
Originating System Name : njmls
Status Change Timestamp : 2024-12-07T00:00:00Z
Residential For Sale
  • Listing ID : 24038454
$950,000
Agent info
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