Property
Newark City, NJ 07103 544 Springfield Ave
$1,350,000
14 more
Presented By: RE/MAX PROFESSIONALS I
Full/Half Baths • 0 / 7
Full/Half Baths • 0 / 7Home Details
Fully renovated 6-family investment property in Newark featuring 12 bedrooms and 7.5 baths. Turnkey income-producing asset with strong cash flow, separate utilities, full basement, and two vacant units offering rental upside. Sale includes an additional lot next door. Conveniently located near highways, transportation, shopping, and downtown Newark.
Presented By: RE/MAX PROFESSIONALS I
Interior Features for 544 Springfield Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath7
Num Units w/Half Bath1
Half Baths7
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units12
BasementFinished, Full
Fuel TypeGas-Natural
Total Stories
General for 544 Springfield Ave
ConstructionBrick/Block
Cooling4+ Units
CountyEssex
DirectionsS. 10th St. to Springfield Ave.
Documents AvailableSee Remarks
DriveNone, On-Street Parking
EasementNo
Equipment AvailableSmoke Detector, Sprinkler System
Heating4+ Units
Leasable Area
LocationBusiness District, Residential Area
Num Apts6
Number Of Units Total6
OwnershipFee Simple
Permitted UseFor a 6-Family
PossessionTBD
Property TypeApartment Complex, Mixed Use
Property TypeApartment Complex
RoofFlat
SewerPublic Available, Public Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10305
Tax Assessed Value257700
Tax Lot3
Tax Year2025
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1930
ZoningC2
Exterior for 544 Springfield Ave
Building Area Total
Exterior DescriptionBrick/Block
Lot Dimensions31.11X60.7
Lot FeaturesLevel Lot, Open Lot
Lot Size Acres0.04
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate