Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$649,999

  • For Sale
  • Active
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
Mixed-Use Building: ?Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy?, making it an excellent opportunity for a variety of potential businesses. The ?2?nd and 3rd floors each include large, residential apartments ?with 4 bedrooms ?& 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, ?& both front and rear stair access. Separate utilities?, Unfinished basement offering storage?. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. ?Store Rent Potential $2,500 - $3,000 - Apartments Income with Section 8 - 4 Bedroom Income is $3,371. 3 Bedroom, $2,964 (Potential Annual Income $100,000 -$110,000(+/-) - Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.

Full Property Details for 504 Springfield Ave

General

  • Price: $649,999
  • Taxes: $10,713 (2024)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4000508
  • Updated: 12/9/2025
  • Added to Site: 43 day(s) ago

Business

  • Includes: Building & Land

Rental Information

  • Lease/Rent Term: Gross
  • Lease Terms: Month-To-Month

Interior

  • Flooring: Vinyl-Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 3

Additional Information

  • Equipment: See Remarks, Sign - Roof, Smoke Detector

Parking

  • Parking: None, On-Street Parking

Location

  • County: Essex
  • Driving Directions: Springfield Ave - Near Home Depot
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning
  • Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Garbage Included

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat
  • Stories in Building: 3
  • Year Built: 1947
  • Remodeled/Updated: 2006

Unit Information

  • Units w/Full Bath: 2
  • Units w/Half Bath: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size: 24.3X105
  • Permitted Use: Mixed
  • Zoning: Mixed Use
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes, Water/Sewer
  • Operating Expenses: $17,413
  • Assessment Amount: $281,700
  • Land Assmt: $52,800
  • Tax Amount: $10,713
  • Tax Year: 2024
  • Owner Pays: Sewer, Snow Removal, Trash Removal, Water
  • Tenant Pays: Electric, Heat
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: No Documents Available
  • Disclosures: Yes
  • APN: 1614-00307-0000-00012-0000-
  • Block: 307
  • Lot Number: 12

Listed by Re/Max Lifetime Realtors

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 504 Springfield Ave —

  • Re/Max Lifetime Realtors

908-688-2828

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 504 Springfield Ave

School District:Newark City School District
NameGradesDistance
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-40.4 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-80.8 mi
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-80.9 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-81.1 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-61.1 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-81.2 mi
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-81.4 mi
George Washington Carver Elementary School
333 Clinton Place, Newark, NJ 07112
PK-81.5 mi
Chancellor Avenue Elementary School, Newark, NJ
321 Chancellor Avenue, Newark, NJ 07112
3-81.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 504 Springfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/07/2025
Listed
$649,999
124.91%
MLS
8/01/2006
Sold
$289,000
—
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 504 Springfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,713
2%
$281,700
—
2023
$10,502
—
$281,700
—
2022
$10,524
—
$281,700
—
2021
$10,519
27%
$281,700
-13%
2021
$8,314
-30%
$322,100
—
2018
$11,895
4%
$322,100
—
2017
$11,467
3%
$322,100
—
2016
$11,080
4%
$322,100
—
2015
$10,658
-12%
$322,100
—
2019
$12,114
27%
$322,100
—
2013
$9,512
—
$322,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 504 Springfield Ave

$
Down Payment
%
$
%

$
$

*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

Get Pre-Approved

Listed by Re/Max Lifetime Realtors

Similar Properties near 504 Springfield Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

332 Lafayette St, Newark, NJ 07105 - Photo 1 Just Listed
$625,000

332 Lafayette St  Newark, NJ 07105

  • Commercial
  • Active
Listed by FERREIRA REALTY & ASSOCIATES
713 Frelinghuysen Ave, Newark, NJ 07114 - Photo 1
$600,000

713 Frelinghuysen Ave  Newark, NJ 07114

  • Commercial
  • Active
Listed by Century 21 Cedarcrest Realty, Inc.
161 Midland Ave, Kearny, NJ 07032 - Photo 1
$639,000

161 Midland Ave  Kearny, NJ 07032

  • Commercial
  • Active
Listed by Arlington Real Estate Co., Inc
28 Pennsy Pl, Newark, NJ 07114 - Photo 1
$650,000

28 Pennsy Pl  Newark, NJ 07114

  • Commercial
  • Active
Listed by Rosa Agency

Just Listed near 504 Springfield Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

670 Devon St, Kearny, NJ 07032 - Photo 1 Just Listed
$529,900

670 Devon St  Kearny, NJ 07032

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
Listed by Weichert Home City Realty
537 Kearny Ave, Kearny, NJ 07032 - Photo 1 Just Listed
$2,500

537 Kearny Ave  Kearny, NJ 07032

  • Commercial Lease
  • Active
Listed by Neno-Rosa Agency
202 Devon St, Kearny, NJ 07032 - Photo 1 Just Listed
$649,000
Open House

202 Devon St  Kearny, NJ 07032

  • Multi-Family
  • Active
  • Updated 1 day ago
  • 4
    Total Beds
229 Brighton Ave, Kearny, NJ 07032 - Photo 1 Just Listed
$780,000

229 Brighton Ave  Kearny, NJ 07032

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 5
    Total Beds
Listed by Mid-Realty, Inc.

Price Reduced near 504 Springfield Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

65 Grove St, East Orange, NJ 07017 - Photo 1 Price Reduced
-$14,000 (-3.26%)
$415,000

65 Grove St  East Orange, NJ 07017

  • Single Family
  • Active
  • Updated 5 days ago
  • 7
    Beds
  • 3
    Total Baths
Listed by TWRG Realty Group/The World Realty Group
924 Stuyvesant Ave E1, Irvington, NJ 07111 - Photo 1 Price Reduced
-$10,000 (-4.44%)
$215,000

924 Stuyvesant Ave E1  #E1  Irvington, NJ 07111

  • Condo
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
Listed by RE/MAX In Action
278 William St, East Orange, NJ 07017 - Photo 1 Price Reduced
-$50 (-0.01%)
$549,950

278 William St  East Orange, NJ 07017

  • Single Family
  • Active
  • Updated 6 days ago
  • 6
    Beds
  • 3
    Total Baths
Listed by Keller Williams Elite Realtors
72 Hamilton St, East Orange, NJ 07017 - Photo 1 Price Reduced
-$19,000 (-2%)
$930,000
Open House

72 Hamilton St  East Orange, NJ 07017

  • Multi-Family
  • Active
  • Updated 21 hours ago
  • 8
    Total Beds
Listed by Alpha Associates Realty Inc.

Recent Sales near 504 Springfield Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

36 Kent St, Newark, NJ 07108 - Photo 1 Sold
$666,250

36 Kent St  Newark, NJ 07108

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
Listed by RE/MAX SELECT - Westfield
Sold by JD Frances Realty
36 Kent St, Newark, NJ 07108 - Photo 1 Sold
$666,250

36 Kent St  Newark, NJ 07108

  • Multi-Family
  • Closed
Listed by Re/Max Select
38 Kent St, Newark, NJ 07108 - Photo 1 Sold
$630,000

38 Kent St  Newark, NJ 07108

  • Multi-Family
  • Closed
Listed by Re/Max Select
59 Brenner St, Newark, NJ 07108 - Photo 1 Sold
$605,000

59 Brenner St  Newark, NJ 07108

  • Multi-Family
  • Closed
Listed by Keller Williams Park Views

504 Springfield Ave, Newark, NJ 07103 (MLS# 4000508) is a Commercial property. 504 Springfield Ave is currently listed for $649,999 and was received on December 04, 2025. Want to learn more about 504 Springfield Ave? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

Tour this property