721 Springfield Ave - Storefront Retail/Residential FOR SALE


Newark, NJ 07103- West Side
$1,300,000 USD
862-321-2868
721 Springfield Ave, Newark, NJ for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | Request Cap Rate

721 Springfield Ave
Newark, NJ 07103
West Side


HIGHLIGHTS

  • Located along a well-traveled commercial corridor in Newark's West Ward.
  • Surrounded by a mix of neighborhood retail businesses and residential communities.
  • Benefits from steady local activity and convenient access to daily amenities.
  • Offers connectivity to major transportation routes and the broader Essex County market.
  • Route 25 and more

OVERVIEW

Situated along a prominent commercial corridor in Newark's West Ward, this mixed-use retail and residential property benefits from strong neighborhood visibility and a diverse surrounding community. The area is characterized by a blend of local businesses, residential housing, and everyday conveniences, creating consistent activity throughout the day. Its location offers convenient access to nearby transportation routes, community services, and employment centers throughout Newark and the greater Essex County region.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Commercial

APN/PARCEL ID

14-02640-0000-00038

ASK ABOUT THIS PROPERTY

Ony OkaforRealty 33More Info
862-321-2868

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Ony OkaforRealty 33More Info
862-321-2868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.