50
See all 50 photos
$950,000
Est. payment /mo
6 Beds
2.5 Baths
Active
492 Springfield AVE Newark, NJ 07103
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24038454
Style 2 Family
Bedrooms 6
Full Baths 2
Half Baths 1
Annual Tax Amount $12,000
Property Sub-Type 2 Family
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!
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating Gas, Multi-Zone
Fireplaces Type None
Laundry In Unit
Exterior
Exterior Feature Vinyl
Parking Features O/See Remk
Utilities Available O/See Rmks
Waterfront Description None
View None
Building
Lot Description Irregular
Others
Ownership Corporate
Miscellaneous None
Listed by Signature Realty NJ LLC
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