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610 Springfield Ave Newark, NJ $ 899,999
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$ 899,999 Get more info
610 Springfield Ave
$ 899,999
Back to search
Share Save

610 Springfield Ave

Newark, NJ, 07103
$ 899,999
Baths0.7 Sq 9,999

Monthly Estimate*

$ 6,287

610 Springfield Ave, Newark, NJ 07103 - Image 1
610 Springfield Ave, Newark, NJ 07103 - Image 2
610 Springfield Ave, Newark, NJ 07103 - Image 3
610 Springfield Ave, Newark, NJ 07103 - Image 4
610 Springfield Ave, Newark, NJ 07103 - Image 5
Studio

Commercial Property for sale in Newark, NJ

for $899,999 with 7 half baths. This 9,999 square foot building was built on a lot size of 0.06.

Investment Opportunity awaits in Newark. Great opportunity to redevelop or take over this Mixed Use 6 unit building along Newark's Springfield Ave. business district. The first floor features three commercial storefronts including a Tax office, Food & Catering Business, and a locally known bar establishment, Sunshine Social Club. Liquor License may be sold w/ the property additionally. Bar will be sold w/ equipment/furniture. The 2nd Floor includes three 1 Bed 1 Bath Apts. Currently rented. Property being sold As-Is.

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Commercial Pending

Price

$ 899,999

Bedrooms

Studio

Half Bath

7

Property Type

Commercial

Taxes

$ 6,007

Style

MixedUse

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

3880496
Features
General
Sewer Public Sewer
Construction Brick/Block See Remarks
Heating 4+ Units Baseboard - Hotwater See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession TBD
Roof Flat
Zoning 4A
Year Built 9999
Township Newark City
Property Type Mixed Use Restaurant/Bar Store With Apartment MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location Business District
County Essex
Status Under Contract
Directions Springfield Avenue to 610-612 Springfield Avenue
Total Units 6
Street Name Springfield Ave
Tax Annual Amount 6007
Drive Driveway-Exclusive See Remarks
Leasable Area 9999
Days on Market 102
Standard Status Under Contract
Tax Assessed Value 160800
Town # 1614
Tax Lot 5
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Interior
Basement Finished-Partially Unfinished
Fuel Type Gas-Natural
Total Stories 2
Half Baths 7
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Exterior
Water Source Public Water
Exterior Description Brick/Block See Remarks
Building Area Total 9999
Lot Dimensions 32.11X76.9
Lot Size Acres 0.06
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* Excluded Features
List By
ALLEN D. JONES

Listing Agent

Coldwell Banker Realty

Broker

queenteamrealestate@gmail.com

Email

Affordability Calculator

$6,787
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,287
Monthly Property Taxes
$501
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2024$899,999 Listed Price

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610 Springfield Ave, Newark, NJ, 07103 is a Commercial Property for sale at $899,999 with 9,999 sqft and a lot size of 0.06. 610 Springfield Ave is a studio with 0.7 baths. The property's zip code is 07103 which is in Newark, NJ

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