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$875,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Unbelievable Redevelopment/Investment Opportunity! Prime Corner .34-Acre Property Located in The Downtown Development (Dd) Zone Of Berkeley Heights. The Property Features A Two-Family Home and A Detached Three-Car Garage With An Apartment, Offering Immediate Income Potential While Planning For Future Redevelopment. This Parcel May Also Be Combined With The Adjacent Property At 483-487 Springfield Avenue (Mls # 4038717), Creating A Combined Site Of Approximately .50 Acres For Expanded Development Possibilities.

Full Property Details for 481 Springfield Ave

General

  • Price: $875,000
  • Taxes: $14,114 (2025)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4038714
  • Updated: 7/6/2026
  • Added to Site: 1 day(s) ago

Business

  • Includes: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 3

Additional Information

  • Equipment: Appliances

Parking

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

Location

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

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

Structural Information

  • Construction: Brick/Block, Wood
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Storage
  • Roof: Composition Shingle
  • Ceiling Height: 8
  • Door Dimensions: 7
  • Stories in Building: 2
  • Square Feet: 2,532
  • Aprox. Leasable: 2,532 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size: .344 AC
  • Permitted Use: RETAIL, OFFICE, RESTURANT, RESIDENTIAL
  • Zoning: DD
  • Lot Description: Level Lot

Financial Considerations

  • Price Per Sq. Ft.: $345
  • Assessment Amount: $320,700
  • Land Assmt: $179,900
  • Tax Amount: $14,114
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Survey Available
  • APN: 2901-00206-0000-00010-0000-
  • Block: 206
  • Lot Number: 10

Listed by BHHS FOX & ROACH

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Listing agent

— 481 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

Schools serving 481 Springfield Ave

School District:Berkeley Heights Township School District
NameGradesDistance
Mcmillin Early Child Center
651 Mountain Avenue, Berkeley Heights, NJ 07922
PK-11 mi
Mountain Park Elementary School
55 Fairfax Drive, Berkeley Heights, NJ 07922
2-51.2 mi
Columbia Middle School
345 Plainfield Avenue, Berkeley Heights, NJ 07922
6-80.7 mi
Governor Livingston High School
175 Watchung Boulevard, Berkeley Heights, NJ 07922
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

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

Date
Details
Price
Change
Source
7/06/2026
Listed
$875,000
733.33%
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 Springfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,748
2%
$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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by BHHS FOX & ROACH

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481 Springfield Ave, Berkeley Heights Township, NJ 07922 (MLS# 4038714) is a Commercial property. 481 Springfield Ave is currently listed for $875,000 and was received on July 06, 2026. Want to learn more about 481 Springfield Ave? Do you have questions about finding other Commercial 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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