481 Springfield Ave Berkeley Heights, NJ ^$ 875,000

481 Springfield Ave

^$ 875,000

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Recently Listed

481 Springfield Ave

Berkeley Heights, NJ, 07922

^$ 875,000

Bedrooms-- Baths-- Sq 2,532

Monthly Estimate*

^$ 5,525

481 Springfield Ave, Berkeley Heights, NJ 07922 - Image 1

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481 Springfield Ave, Berkeley Heights, NJ 07922 - Image 10

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Commercial Property for sale in Berkeley Heights, NJ

for $875,000 with 3 half baths. This 2,532 square foot building was built in 1900 on a lot size of 0.34.

UNBELIEVABLE REDEVELOPMENT/INVESTMENT OPPORTUNITY! PRIME CORNER .34-ACRE PROPERTY LOCATED IN THE DOWNTOWN DEVELOPMENT (DD) ZONE OF BERKELEY HEIGHTS. THE PROPERTY FEATURES A TWO-FAMILY HOME AND A DETACHED THREE-CAR GARAGE WITH AN APARTMENT, OFFERING IMMEDIATE INCOME POTENTIAL WHILE PLANNING FOR FUTURE REDEVELOPMENT. THIS PARCEL MAY ALSO BE COMBINED WITH THE ADJACENT PROPERTY AT 483-487 SPRINGFIELD AVENUE (MLS # 4038717), CREATING A COMBINED SITE OF APPROXIMATELY .50 ACRES FOR EXPANDED DEVELOPMENT POSSIBILITIES.

Commercial Active

Price

^$ 875,000

Half Bath

Property Type

Commercial

Taxes

^$ 14,114

Style

Lot Size

0.34

Year Built

1900

Town/City

Berkeley Heights

County/Region

Union

MLS | Web ID

4038714

Features

General

Sewer Public Sewer

Construction Brick/Block Wood

Heating See Remarks

Cooling See Remarks

Utilities Electric Gas-Natural

Possession IN AGREEMENT

Roof Composition Shingle

Zoning DD

Year Built 1900

Township Berkeley Heights Twp.

Property Type See Remarks See Remarks

Tax Year 2025

Ownership Fee Simple

Location Business District Corner Freestanding

Gross Income 16800

County Union

Status Active

Directions CORNER OF SPRINGFIELD AVE. & SUMMIT AVE.

Number Of Units Total 3

Tax Annual Amount 14114

Drive Off-Street Parking On-Street Parking Parking Lot-Exclusive

Leasable Area 0

Standard Status Active

Tax Assessed Value 320700

Town # 2901

Tax Lot 10

Interior

Basement Storage

Fuel Type Gas-Natural

Total Stories 2

Half Baths 3

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description See Remarks

Building Area Total 2532

Lot Dimensions .344 AC

Lot Size Acres 0.34

* Excluded Features

List By

TIM DELUCCIA

Listing Agent

Bhhs Fox & Roach

Broker

tim@delucciacommercialgroup.com

Affordability Calculator

$6,701

Per Month

Monthly Principal & Interest: $5,525
Monthly Property Taxes: $1,176
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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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Nearby

Trends
Schools

Commerical listings in Berkeley Heights, NJ

Average List Price ^$611,008

Percent of Sale Price 30%

About Berkeley Heights, NJ

14,082 Population

5% Since 2002

^$147,606 Median Income

46.35 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/6/2026	$875,000		Listed Price

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481 Springfield Ave, Berkeley Heights, NJ, 07922 is a Commercial Property for sale at $875,000 with 2,532 sqft and a lot size of 0.34. 481 Springfield Ave was built in 1900. The property's zip code is 07922 which is in Berkeley Heights, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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481 Springfield Ave

Commercial Property for sale in Berkeley Heights, NJ

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