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Commercial Sale For Sale

492 Springfield Avenue, Newark, NJ 07103

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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:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26014878
Price:
$749,000
Status:
Active
Office Name:
Keller Williams Park Views
Agent Name:
Eyal
Features
Architectural Style:
Retail
Utilities:
Sep Elec, Sep Gas, Sep Water, Seperate Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07103
Street:
Springfield
Street Number:
492
Street Suffix:
Avenue
Longitude:
W75° 47' 51.8''
Latitude:
N40° 43' 55.2''
Additional Information
Virtual Tour:
https://www.zillow.com/view-imx/22bae798-a4d0-4938-8b92-62965a146f38?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Rent Includes:
None
On Market Date:
2026-04-28
Financial
Tax Annual Amount:
7730
Listing Information
List Agent Mls Id:
1020196
List Office Mls Id:
2958
Mls Status:
Active
Modification Timestamp:
2026-04-28T22:42:18Z
Originating System Name:
njmls
Status Change Timestamp:
2026-04-28
Commercial Sale For Sale
Listing ID:
26014878
$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
Email: info@myrealestatemission.com