Date
Details
Price
Change
Source
5/29/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$1,350,000 Just Listed
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1/19
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.
Full Property Details
Full Property Details for 544 Springfield Ave
General
- Price: $1,350,000
- Taxes: $10,305 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4030882
- Updated: 5/29/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 8
- Restrooms: 7
Additional Information
- Equipment: Smoke Detector, Sprinkler System
Parking
- Parking: None, On-Street Parking
Location
- County: Essex
- Driving Directions: S. 10th St. to Springfield Ave.
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 4+ Units
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available, Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Flat
- Loading: None
- Year Built: 1930
- Remodeled/Updated: 2025
Unit Information
- 1 Bedroom Units: 12
- Units w/Full Bath: 7
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: 31.11X60.7
- Permitted Use: For a 6-Family
- Zoning: C2
- Lot Description: Level Lot, Open Lot
Financial Considerations
- Assessment Amount: $257,700
- Land Assmt: $120,000
- Tax Amount: $10,305
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-00314-0000-00003-0000-
- Block: 314
- Lot Number: 3
Listed by Re/Max Professionals I
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Listing agent
— 544 Springfield Ave —
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973-450-4000
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Price & Sales History for 544 Springfield Ave
Tax History
Tax History for 544 Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,800
2%
$257,700
—
2023
$9,607
—
$257,700
—
2022
$9,628
—
$257,700
—
2021
$9,623
33%
$257,700
—
2021
$7,254
-25%
$257,700
—
2019
$9,692
2%
$257,700
—
2018
$9,517
4%
$257,700
—
2017
$9,174
3%
$257,700
—
2016
$8,865
4%
$257,700
—
2015
$8,527
7%
$257,700
—
2014
$7,991
—
$257,700
—
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
Estimate the Cost for 544 Springfield Ave
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544 Springfield Ave, Newark, NJ 07103 (MLS# 4030882) is a Apartment property. 544 Springfield Ave is currently listed for $1,350,000 and was received on May 29, 2026. Want to learn more about 544 Springfield Ave? Do you have questions about finding other Apartment real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.