Properties

Description

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

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 200000
  • Sewer: See Remarks
  • Water: See Remarks

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: REALTY 33, LLC
  • Office MLS ID: 0784
  • Agent ID: 407250
  • Tax: 7998
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$1,300,000

721 Springfield Ave, Newark City, *

  • SQFT 32.10 Acre

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5454948
  • Price: $1,300,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Lot Area: 32.10 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Southward
  • Street: Springfield Ave
  • Street Number: 721
  • Street Direction: Corner of s 20th n springfield
  • Floor Number: 0
  • Longitude: W75° 47' 6.1''
  • Latitude: N40° 43' 46.2''
  • Internet Display Address: No
Property