Property

Newark, NJ 07103 492 Springfield Avenue

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Presented By: Eyal Levy with Keller Williams Park Views - 201-939-0050
  • MLS# 26014878
  • 04/28/2026
  • Request Tour
  • Request Info

Home Details

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!
Presented By: Eyal Levy with Keller Williams Park Views - 201-939-0050

Interior Features for 492 Springfield Avenue

Other Interior Features

Heating Y/NNo

General for 492 Springfield Avenue

CityNewark
CoolingCentral Air, Gas, Zoned
CountyESSEX
HOANo
HeatingCentral, Natural Gas, Zoned
Lease Considered Y/NNo
MLS Area Minor400
OwnershipPrivate
Property Sub Type AdditionalOther
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount7730.0
UtilitiesSep Elec, Sep Gas, Sep Water
Virtual TourClick here
Waterfront FeaturesNone

Exterior for 492 Springfield Avenue

InclusionsNone

Additional Details

Price History

Monica Henriques

Real Estate Agent
Price $749,000
MLS#26014878
List Date 04/28/2026
Property Type Commercial
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