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MixedUse For Sale

492 Springfield Ave, Newark City, Essex 07103-2084

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Property Description

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!

Basic Details
Property Type:
MixedUse
Listing Type:
For Sale
Listing ID:
4023832
Price:
$749,000
Year Built:
9999
Lot Area:
0.04 Acre
Status:
Active
Office Name:
KELLER WILLIAMS PARK VIEWS
Agent Name:
EYAL LEVY
Roof:
Flat, Rubberized
Features
Heating System:
3 Units
Cooling System:
Central Air
Basement:
Unfinished
Flooring:
Wood
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07103-2084
Street:
Springfield Ave
Street Number:
492
Longitude:
W75° 47' 52.1''
Latitude:
N40° 43' 54.9''
Directions:
18th Ave to S 12th St then Springfield Ave
Zoning:
Commercial
Additional Information
Lot Size Dimensions:
25X75.6
Water Source:
Public Water
Stories Total:
3
Number Of Units Total:
3
Lot Features:
Irregular Lot
Building Size:
1850
Financial
Tax Annual Amount:
7730
Listing Information
List Agent Mls Id:
302024
List Office Mls Id:
5243
Mls Status:
Active
Modification Timestamp:
2026-04-28T18:12:04Z
Originating System Name:
gsmls
MixedUse For Sale
Listing ID:
4023832
Lot Area:
0.04 Acre
$749,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
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