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MLS® 4017527

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $10,713
Days Active 5
Lot Size 
Approx. Age 1947
MLS® Number 4017527

Property Address: 504 Springfield Ave, Newark, NJ, 07103-2021

Average square foot calculated using Size range provided by listing agent.

Description

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 2nd and 3rd floors each include large, residential apartments with 3 or potential for 4 bedrooms 1 bathroom. (Note: some bedrooms do not include a closet.) These units offer high ceilings, generous layouts, & both front and rear stair access. Separate utilities, Unfinished basement w/ bilco door. Building upgrades completed in 2006, including updated electrical systems, central air, hot water baseboard heating. 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 - (Potential Annual Income $100, 000 -$110, 000(+/-) - 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.
MLS® Number4017527
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
BasementUnfinished
DrivewayNone, On-Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$649,999List Price
  • Commute

Commute

Starting Address
Destination Address
504 Springfield Ave, Newark,

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