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Commercial Sale For Sale

504 Springfield Avenue, Newark, NJ 07103

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Property Description

Mixed-Use Building: Taxes 10,713 Lot 24×105 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 2nd 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 unit – 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.)

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26010619
Price:
$649,999
Status:
Active Under Contract
Office Name:
RE/MAX Lifetime Realtors
Agent Name:
Tina
Features
Architectural Style:
Retail
Utilities:
Sep Elec, Sep Gas, Seperate Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07103
Street:
Springfield
Street Number:
504
Street Suffix:
Avenue
Longitude:
W75° 47' 50.5''
Latitude:
N40° 43' 54.9''
Additional Information
On Market Date:
2026-03-31
Financial
Tax Annual Amount:
10713
Listing Information
List Agent Mls Id:
1004659
List Office Mls Id:
2227
Mls Status:
Under Contract
Modification Timestamp:
2026-04-24T15:33:22Z
Originating System Name:
njmls
Status Change Timestamp:
2026-04-24
Commercial Sale For Sale
Listing ID:
26010619
$649,999
Agent info
Contact Agent

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