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544 Springfield Ave

Newark City, NJ 07103
  • $1,350,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 4030882
UPDATED: 9 min ago
$1,350,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-16T10:49:20.14.
www.movetonewjersey.com/homes/176990901
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544 Springfield Ave Newark City, NJ 07103

  • Price: $1,350,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 9 min ago
  • MLS #: 4030882
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1930
Built
County:
Essex
Area:
Newark City
Property 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.
Exterior Features

Approximate Lot Size 31.11X60.7 Construction Brick/Block Exterior Description Brick/Block Location Business DistrictResidential Area Lot Description Level LotOpen Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description NoneOn-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedFull Cooling 4+ Units Equipment Available Smoke DetectorSprinkler System Heating 4+ Units Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 7 Office Sq Ft 0

Property Features

DEPStatus See Remarks For Sale Or Lease For Sale Fuel Type Gas-Natural Permitted Use For a 6-Family Primary Property Type Apartment Complex Property Type Apartment ComplexMixed Use Sale Includes Building & Land Sewer Public AvailablePublic Sewer Suite Number . Tax Amount 10305 Tax Rate Amount 3.999 Tax Rate Year 2025 Tax Year 2025 Utilities Gas-Natural Water Public Water Year Built Description ApproximateRenovated Zoning C2

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Professionals I: 973-450-4000.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-16T10:49:20.14.
 
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