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492 Springfield Avenue, Newark, NJ

$749,000

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About 492 Springfield Avenue

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!

Features of 492 Springfield Avenue

MLS® # 26014878
Price $749,000
Bathrooms 0.00
Type Commercial Sale/Lease
Sub-Type Retail
Style Other
Status Active

Community Information

Address 492 Springfield Avenue
City Newark
County ESSEX
State NJ
Zip Code 07103

Amenities

Utilities Sep Elec, Sep Gas, Sep Water
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central, Natural Gas, Zoned
Cooling Central Air, Gas, Zoned
Fireplace No
Has Basement No

Additional Information

Date Listed April 28th, 2026
Foreclosure No
RE / Bank Owned No

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