About 544 Springfield Avenue
Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential.
Features of 544 Springfield Avenue
| MLS® # | 26007224 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Type | Commercial Sale/Lease |
| Sub-Type | Industrial |
| Style | Other |
| Status | Active |
Community Information
| Address | 544 Springfield Avenue |
|---|---|
| City | Newark |
| County | ESSEX |
| State | NJ |
| Zip Code | 07103 |
Amenities
| Utilities | Sep Elec, Sep Gas |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Baseboard, Central, Natural Gas |
|---|---|
| Cooling | Central Air, Gas |
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | March 5th, 2026 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |