481-487 Springfield Ave Berkeley Heights, NJ ^$ 1,595,000

481-487 Springfield Ave

^$ 1,595,000

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Recently Listed

481-487 Springfield Ave

Berkeley Heights, NJ, 07922

^$ 1,595,000

Bedrooms-- Baths-- Sq 9,999

Monthly Estimate*

^$ 11,016

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Commercial Property for sale in Berkeley Heights, NJ

for $1,595,000 with 5 half baths. This 9,999 square foot building was built on a lot size of 0.5.

UNBELIEVABLE REDEVELOPMENT & INVESTMENT OPPORTUNITY! THIS UNIQUE PORTFOLIO SALE INCLUDES A TWO-FAMILY HOME AND A DETACHED THREE-CAR GARAGE WITH AN APARTMENT, SITUATED ON 0.34 ACRES, PLUS A 2,400 SF RETAIL BUILDING WITH TWO TENANTS ON AN ADDITIONAL 0.16 ACRES. AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE MULTIPLE INCOME-PRODUCING PROPERTIES TOTALING 0.50 ACRES IN BERKELEY HEIGHTS' HIGHLY DESIRABLE DOWNTOWN DEVELOPMENT (DD) ZONE, OFFERING OUTSTANDING POTENTIAL FOR INVESTMENT, REDEVELOPMENT, AND LONG-TERM GROWTH.

Commercial Active

Price

^$ 1,595,000

Half Bath

Property Type

Commercial

Taxes

^$ 26,815

Style

MixedUse

Lot Size

0.5

Town/City

Berkeley Heights

County/Region

Union

MLS | Web ID

4058826

Features

General

Sewer Public Sewer

Construction Brick/Block Formed Concrete Wood

Heating See Remarks

Cooling See Remarks

Utilities Electric Gas-Natural

Possession IN AGREEMENT

Roof Composition Shingle Flat

Zoning DD

Year Built 9999

Township Berkeley Heights Twp.

Property Type Mixed Use Restaurant See Remarks MixedUse

Tax Year 2025

Ownership Fee Simple

Location Business District Corner

Gross Income 83420

County Union

Status Active

Directions CORNER OF SPRINGFIELD AVE. & SUMMIT AVE. TO SIGN

Number Of Units Total 5

Tax Annual Amount 26815

Drive Off-Street Parking Parking Lot-Exclusive Parking Lot-Shared

Leasable Area 9999

Standard Status Active

Tax Assessed Value 609300

Town # 2901

Tax Lot 10 11 12

Interior

Basement Storage Unfinished

Flooring Carpeting Laminate Tile Wood

Fuel Type Gas-Natural

Total Stories 2

Half Baths 5

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Brick CedarSid CompSide Concrete

Building Area Total 9999

Lot Dimensions .50 AC

Lot Size Acres 0.50

* Excluded Features

List By

TIM DELUCCIA

Listing Agent

Bhhs Fox & Roach

Broker

tim@delucciacommercialgroup.com

Affordability Calculator

$13,251

Per Month

Monthly Principal & Interest: $11,016
Monthly Property Taxes: $2,235
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Berkeley Heights, NJ

Average List Price ^$580,000

Percent of Sale Price 64%

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
10/14/2026	$1,595,000		Listed Price

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481-487 Springfield Ave, Berkeley Heights, NJ, 07922 is a Commercial Property for sale at $1,595,000 with 9,999 sqft and a lot size of 0.5. 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 7.375% 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.

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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481-487 Springfield Ave

Commercial Property for sale in Berkeley Heights, NJ

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