492 Springfield Ave, Newark City, NJ 07103
492 Springfield Ave, Newark City, NJ 07103
492 Springfield Ave, Newark City, NJ 07103
492 Springfield Ave, Newark City, NJ 07103
492 Springfield Ave, Newark City, NJ 07103
492 Springfield Ave, Newark City, NJ 07103
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 749,000
Est. payment | /mo

1,850 SqFt

Save
$ 749,000
Est. payment | /mo
Save

1,850 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $404

MLS Listing ID 4023832

Annual Tax Amount $7,730

Tax Year 2025

Lot Size 1,742 Sqft

Property Sub-Type Mixed Use

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!

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Central Air

Flooring Wood

Equipment See Remarks, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat, Rubberized

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS PARK VIEWS
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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492 Springfield Ave

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