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$1,595,000 Just Listed

  • For Sale
  • Active
  • Business
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Unbelievable Redevelopment & Investment Opportunity! This Unique Portfolio Sale Includes A Two-Family Home and A Detached Three-Car Garage With An Apartment, Situated On 0.34 Acres, Plus A 2,400 Sf Retail Building With Two Tenants On An Additional 0.16 Acres. An Exceptional Opportunity To Acquire Multiple Income-Producing Properties Totaling 0.50 Acres in Berkeley Heights' Highly Desirable Downtown Development (Dd) Zone, Offering Outstanding Potential For Investment, Redevelopment, and Long-Term Growth.

Full Property Details for 481-487 Springfield Ave

General

  • Price: $1,595,000
  • Taxes: $26,815 (2025)
  • Status: Active
  • Type: Business
  • Source: Garden_State
  • MLS ID: 4058826
  • Updated: Today (10/14/2026)
  • Added to Site: Today

Business

  • Includes: Building & Land, See Remarks

Interior

  • Flooring: Carpeting, Laminate, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Restrooms: 5

Additional Information

  • Equipment: Appliances, Fire Alarm, Restrooms - Private, Restrooms - Public, Sign - Building, Smoke Detector

Parking

  • Parking: Off-Street Parking, Parking Lot-Exclusive, Parking Lot-Shared

Location

  • County: Union
  • Driving Directions: CORNER OF SPRINGFIELD AVE. & SUMMIT AVE. TO SIGN
  • Location Details: Business District, Corner

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: See Remarks
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available

Structural Information

  • Construction: Brick/Block, Formed Concrete, Wood
  • Exterior Const.: Brick, CedarSid, Composition Siding, Concrete
  • Basement: Yes
  • Basement Desc.: Storage, Unfinished
  • Roof: Composition Shingle, Flat
  • Ceiling Height: 8
  • Door Dimensions: 7
  • Stories in Building: 2
  • Square Feet: 9,999
  • Aprox. Leasable: 9,999 Sq. Ft.
  • Office: 9,999 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Size: .50 AC
  • Zoning: DD
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: See Remarks
  • Assessment Amount: $609,300
  • Land Assmt: $329,700
  • Tax Amount: $26,815
  • Tax Year: 2025
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2901-00206-0000-00010-0000-
  • Block: 206
  • Lot Number: 10 11 12

Listed by BHHS FOX & ROACH

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Listing agent

— 481-487 Springfield Ave —

  • BHHS FOX & ROACH

908-938-6405

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 481-487 Springfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/14/2026
Listed
$1,595,000
1419.05%
MLS
4/17/2020
Sold
$105,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 481-487 Springfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,114
5%
$320,700
—
2022
$13,466
1%
$320,700
—
2021
$13,392
2%
$320,700
—
2018
$13,117
1%
$320,700
—
2017
$12,956
2%
$320,700
—
2016
$12,729
1%
$320,700
—
2015
$12,658
-6%
$320,700
—
2019
$13,396
13%
$320,700
—
2013
$11,869
—
$320,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by BHHS FOX & ROACH

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481-487 Springfield Ave, Berkeley Heights Township, NJ 07922 (MLS# 4058826) is a Business property. 481-487 Springfield Ave is currently listed for $1,595,000 and was received on October 14, 2026. Want to learn more about 481-487 Springfield Ave? Do you have questions about finding other Business real estate for sale in Berkeley Heights Township? You can browse all Berkeley Heights Township real estate or contact a Coldwell Banker agent to request more information.

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