504 Springfield Ave Newark, NJ $ 649,999
504 Springfield Ave
$ 649,999
Recently Listed
Share Save

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
504 Springfield Ave, Newark, NJ 07103 - Image 3
504 Springfield Ave, Newark, NJ 07103 - Image 4
504 Springfield Ave, Newark, NJ 07103 - Image 5
504 Springfield Ave, Newark, NJ 07103 - Image 6
504 Springfield Ave, Newark, NJ 07103 - Image 7
504 Springfield Ave, Newark, NJ 07103 - Image 8
504 Springfield Ave, Newark, NJ 07103 - Image 9
504 Springfield Ave, Newark, NJ 07103 - Image 10
504 Springfield Ave, Newark, NJ 07103 - Image 11
504 Springfield Ave, Newark, NJ 07103 - Image 12
504 Springfield Ave, Newark, NJ 07103 - Image 13
504 Springfield Ave, Newark, NJ 07103 - Image 14
504 Springfield Ave, Newark, NJ 07103 - Image 15
504 Springfield Ave, Newark, NJ 07103 - Image 16
504 Springfield Ave, Newark, NJ 07103 - Image 17
504 Springfield Ave, Newark, NJ 07103 - Image 18
504 Springfield Ave, Newark, NJ 07103 - Image 19
504 Springfield Ave, Newark, NJ 07103 - Image 20
504 Springfield Ave, Newark, NJ 07103 - Image 21
504 Springfield Ave, Newark, NJ 07103 - Image 22
504 Springfield Ave, Newark, NJ 07103 - Image 23
504 Springfield Ave, Newark, NJ 07103 - Image 24
504 Springfield Ave, Newark, NJ 07103 - Image 25
504 Springfield Ave, Newark, NJ 07103 - Image 26
504 Springfield Ave, Newark, NJ 07103 - Image 27
504 Springfield Ave, Newark, NJ 07103 - Image 28
504 Springfield Ave, Newark, NJ 07103 - Image 29
504 Springfield Ave, Newark, NJ 07103 - Image 30

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: ?Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy?, making it an excellent opportunity for a variety of potential businesses. The ?2?nd and 3rd floors each include large, residential apartments ?with 4 bedrooms ?& 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, ?& both front and rear stair access. Separate utilities?, Unfinished basement offering storage?. 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. ?Store Rent Potential $2,500 - $3,000 - Apartments Income with Section 8 - 4 Bedroom Income is $3,371. 3 Bedroom, $2,964 Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.

See more

Commercial Active

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 Active
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 Active
Tax Assessed Value 281700
Town # 1614
Tax Lot 12
Farm Assessment No
See more
Interior
Basement Unfinished
Flooring Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 3
Half Baths 3
See more
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
See more
* 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$649,999 Listed Price

Map


See all

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