492 Springfield Ave Active Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07103
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $513
MLS Listing ID 3937290
Annual Tax Amount $12,000
Tax Year 2023
Lot Size 1,742 Sqft
Property Description
Prime Mixed-Use Opportunity on Springfield Avenue. Welcome 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
Zoning COM
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Wood
Equipment See Remarks, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat, Rubberized
Building
Lot Description Irregular Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple