721 Springfield Ave, Newark City, NJ

$1,300,000

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5

Beds

4

Baths

0.06

Acres

About 721 Springfield Ave

Rare and premier opportunity to own a prime piece of Newark real estate at 721 Springfield Ave, situated directly in a rapidly transforming municipal redevelopment zone. Offered at $1.3M, this property boasts an ultra-visible, high-traffic location with immense upside. Strategically positioned on a block where two surrounding plots of land are also located within the redevelopment footprint, this site offers savvy buyers a front-row seat to future area assemblage and massive neighborhood expansion. Capitalize on Newark's major revitalization momentum, favorable commercial/mixed-use zoning, and maximum brand exposure. Being sold strictly AS-IS. Buyer is responsible for all municipal certificates, variances, and due diligence. Secure this anchorlocation before the surrounding area fully booms!

Features of 721 Springfield Ave

MLS® # 4049071
Price $1,300,000
Bedrooms 5
Bathrooms 4.00
Full Baths 2
Half Baths 2
Acres 0.06
Type Multi-Family
Style 2-Two Story
Status Active

Community Information

Address 721 Springfield Ave
City Newark City
County Essex
State NJ
Zip Code 07103-1074

Amenities

Utilities See Remarks
Parking On-Street Parking, See Remarks
Has Pool No

Interior

Heating See Remarks
Fireplace No
Has Basement Yes
Basement Walkout

Exterior

Exterior Brick, See Remarks
Roof See Remarks

Additional Information

Date Listed August 27th, 2026
Zoning Commercial re

Listing Map

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