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MLS® 4035610

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $13,584
Days Active 0
Lot Size 0.07 Acres
Approx. Age 1940
MLS® Number 4035610

Property Address: 454 Springfield Ave, Newark, NJ, 07103-2023

Average square foot calculated using Size range provided by listing agent.

Description

Take advantage of an opportunity to diversity your portfolio owning an income producing commercial property in a highly visible location, prime redevelopment section of Newark, diagonally across from Home Depot.Includes Two storefronts (specifically a renovated barbershop paying $2, 321.72 per month (annual 5% rate increase); a convenient store paying $2, 600 per month)(annual increase of $1200); one upstairs office space (paying $1, 906.17 per month)(annual 3% increase); and a maintenance free billboard ($1500 per month) (assumes responsibility for roof repairs). Cap rate will continually increase each year. *Sold As Is. City and State documents/ inspections are buyer's responsibility
MLS® Number4035610
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
BasementBilco-Style Door
DrivewayOff-Street Parking
Garage Spaces
HeatHeat Source: See Remarks, Heating Type: See Remarks
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$859,000List Price
  • Commute

Commute

Starting Address
Destination Address
454 Springfield Ave, Newark,

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