504 Springfield Ave Newark, NJ $ 649,999
504 Springfield Ave
$ 649,999
Open House 12/7 1pm - 4pm
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504 Springfield Ave

Newark, NJ, 07103
$ 649,999
Bedrooms-- Baths--

Monthly Estimate*

$ 4,055

504 Springfield Ave, Newark, NJ 07103 - Image 1
504 Springfield Ave, Newark, NJ 07103 - Image 2
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504 Springfield Ave, Newark, NJ 07103 - Image 7
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504 Springfield Ave, Newark, NJ 07103 - Image 9

Commercial Property for sale in Newark, NJ

for $649,999 with 3 half baths. This building was built in 1947 on a lot size of 0.06.

Mixed-Use Building: This well-maintained mixed-use property offers both commercial and residential income opportunities. The first floor features a spacious retail unit previously occupied by a pharmacy. The new owner will need to verify allowable uses with the town, making it an excellent opportunity for a variety of potential businesses. The second and third floors each include large, airy residential apartments featuring 4 bedrooms and 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, and both front and rear stair access. With strong rental potential, they provide a great opportunity for steady income. Additional features include: Separate utilities for added convenience Unfinished basement offering storage or future expansion potential. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income.

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Open House

12/7/2025 1:00 PM - 4:00 PM
504 Springfield Ave Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Coming Soon

Price

$ 649,999

Half Bath

3

Property Type

Commercial

Taxes

$ 10,713

Style

MixedUse

Lot Size

0.06

Year Built

1947

Town/City

Newark

County/Region

Essex

MLS | Web ID

4000508

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 3 Units Baseboard - Hotwater Forced Hot Air
Cooling 1 Unit Central Air
Utilities Electric Gas-Natural
Possession ASAP
Roof Flat
Zoning Mixed Use
Garage Spaces 0
Year Built 1947
Tenant Pays Electric Heat
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District
County Essex
Status Coming Soon
Directions Springfield Ave - Near Home Depot
Number Of Units Total 3
Tax Annual Amount 10713
Drive None On-Street Parking
Leasable Area 0
Standard Status Coming Soon
Tax Assessed Value 281700
Town # 1614
Tax Lot 12
Farm Assessment No
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Interior
Basement Unfinished
Flooring Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 3
Half Baths 3
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 24.3X105
Lot Size Acres 0.06
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* Excluded Features
List By
TINA REBIMBAS TORRES

Listing Agent

Re/Max Lifetime Realtors

Broker

brokertinatorres@gmail.com

Email

Affordability Calculator

$4,948
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$893
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$649,999 Listed Price

Map


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504 Springfield Ave, Newark, NJ, 07103 is a Commercial Property for sale at $649,999 with a lot size of 0.06. 504 Springfield Ave was built in 1947. The property's zip code is 07103 which is in Newark, NJ