Properties

Description

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.

Features

  • Heating System : 4+ Units
  • Cooling System : 4+ Units
  • Basement : Full, Finished
  • Roof Deck : Flat
  • Lot Description: Level Lot, Open Lot
  • Tax Assessed Valuation: 257700
  • Sewer: Public Available, Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 409485
  • Tax: 10305
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: C2

Commercial For Sale

For Sale
$1,350,000

544 Springfield Ave, Newark City, *

  • SQFT 31.11 Acre
  • Built Year 1930

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5435552
  • Price: $1,350,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1930
  • Year Built Description: Approximate, Renovated
  • Lot Area: 31.11 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Springfield Ave
  • Street Number: 544
  • Street Direction: S. 10th St. to Springfield Ave.
  • Floor Number: 0
  • Longitude: W75° 47' 43.4''
  • Latitude: N40° 43' 53.2''
  • Internet Display Address: No
Property