492 Springfield Avenue Newark, NJ $ 749,000
492 Springfield Avenue
$ 749,000
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492 Springfield Avenue

Newark, NJ, 07103
$ 749,000
Bedrooms-- Baths--
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Property for Rent in Newark, NJ

for $749,000.

Turnkey Mixed-Use Gem on Springfield Avenue! Welcome to 492 Springfield Avenue in Newark, NJ an exceptional investment opportunity combining strong income potential with prime commercial exposure. This versatile property features two generously sized residential units, each offering 3 bedrooms and 1 full bath, thoughtfully designed with separate utilities to maximize convenience and efficiency. The street-level commercial space presents endless possibilities perfect for retail, office, or service use while benefiting from outstanding visibility along one of the West Side's most active corridors. High foot and vehicle traffic make this an ideal setting for attracting steady business. Ideally located near public transportation, schools, shopping, and neighborhood amenities, this property appeals to both quality tenants and thriving businesses alike. Positioned in a rapidly developing area, it offers incredible upside for investors, owner-occupants, or entrepreneurs seeking a dynamic live-work setup. A rare chance to secure a high-performing asset in one of Newark's growing districts don't let this opportunity pass you by!

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Rental Active

Price

$ 749,000

Taxes

$ 7,730

Style

Retail

Town/City

Newark

County/Region

Essex

MLS | Web ID

26014878

Features
General
Heating Central Natural Gas Zoned
Cooling Central Air Gas Zoned
Utilities Sep Elec Sep Gas Sep Water
Rooms None
Property Subtype Retail
Ownership Private
Waterfront Features None
County ESSEX
Property Type Commercial Sale/Lease
HOA N
Status Active - Active
City Newark
Tax Annual Amount 7730.0
MLS Area Minor 400
Lease Considered Y/N N
Virtual Tour https://www.zillow.com/view-imx/22bae798-a4d0-4938-8b92-62965a146f38?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Property Sub Type Additional Other
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Exterior
Inclusions None
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Interior
Heating Y/N N
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* Excluded Features
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$749,000 Listed Price

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492 Springfield Avenue, Newark, NJ, 07103 is a Property for Rent at $749,000. The property's zip code is 07103 which is in Newark, NJ