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

Thomas "Chopper" Russo

+1(201) 240-5200
$ 649,900
Est. payment | /mo

2,613 Sqft Lot

Save
$ 649,900
Est. payment | /mo
Save

2,613 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4051206

Annual Tax Amount $11,265

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property 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 (+/-) - 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.

Location

State NJ

County Essex

Zoning Mix Use

Rooms

Basement Bilco-Style Door, Full, Unfinished

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Flooring Carpeting, Vinyl-Linoleum

Equipment Appliances, Fixtures, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Level 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 RE/MAX LIFETIME REALTORS
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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504 Springfield Ave

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