492 Springfield Avenue
$950,000
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2
1
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Description
Prime Mixed-Use Opportunity on Springfield AvenueWelcome to 492 Springfield Avenue, Newark, NJ a versatile mixed-use property offering a perfect blend of commercial potential and residential income. This well-positioned building features two spacious apartments, each boasting 3 bedrooms and 1 bath, with separate utilities for convenience and flexibility. The ground-level commercial space is ideal for retail, office, or service businesses, benefiting from high visibility on a bustling thoroughfare...Prime Mixed-Use Opportunity on Springfield AvenueWelcome to 492 Springfield Avenue, Newark, NJ a versatile mixed-use property offering a perfect blend of commercial potential and residential income. This well-positioned building features two spacious apartments, each boasting 3 bedrooms and 1 bath, with separate utilities for convenience and flexibility. The ground-level commercial space is ideal for retail, office, or service businesses, benefiting from high visibility on a bustling thoroughfare in the vibrant West Side neighborhood. With its proximity to public transportation, schools, shops, and other amenities, this property is a magnet for both tenants and customers. Situated in an area of growth and development, it presents a unique opportunity for investors, business owners, or those seeking a live-work space. Don't miss your chance to own a high-potential property in the heart of Newark!
- Listed by CLAUDIA BROMBAUER • SIGNATURE REALTY NJ
Property Details for 492 Springfield Avenue
Directions
Springfield ave Corner of Blum
Days On Market0
LISTING UPDATED: 12/06/2024 08:56 PM
Property Details for 492 Springfield Avenue
Status | Active |
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MLS # | 3937288 |
Days on Market | 11 |
Taxes | $12,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 9999 |
Lot Size | 0.04 AC / 1,742 SF |
County | Essex County |
Building Information for 492 Springfield Avenue
Stories-Residences3Year Built9999Building Size-Lot Size0.04 AC / 1,742 SF
Property Information for 492 Springfield Avenue
Property History for 492 Springfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 492 Springfield Avenue
Taxable ValueLand$50,600Additions$142,700Total$193,300
Tax Record2023$7,206 ($601 / month)
Home Facts
Stories3Lot Size1,891 SqFtStyleMiscellaneous CommercialCountyESSEXAPN14 00307-0000-00018
Schools near 492 Springfield Avenue
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
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Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
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Thirteenth Avenue Elementary School PublicPK to 8 | ||
Louise A. Spencer Elementary School PublicPK to 8 | ||
Belmont-Runyon Elementary School PublicPK to 8 | ||
South Seventeenth Street Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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