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544 Springfield Ave
Newark City NJ 07103-1746 US

$1,200,000

Active Listing ID 4012808
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Lot: 0.04 Acres
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Other

$1,200,000

Active Listing ID 4012808
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544 Springfield Ave Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential.

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Multi Units
  • Roof Type: Flat
  • Heating Fuels: See Remarks (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 544 Springfield Ave
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07103-1746
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.73144
  • longitude: -74.20462
  • listagentfullname: CHRISTOPHER STEAD
  • listagentemail: jvelasquezreo@verizon.net
  • listagentkey: 3yd-GSMLSNJ-409485
  • listagentmlsid: 409485
  • listagentpreferredphone: 9734504000
  • listagentofficephone: 9734504000
  • listofficekey: 3yd-GSMLSNJ-226401
  • listofficemlsid: 226401
  • disclaimer: Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1930
  • listingcontractdate: 2026-03-05
  • listagenturl: http://www.professionals1.remax-nj.com/
  • countyorparish: Essex
  • cooling: Multi Units
  • constructionmaterials: Block, Brick
  • heating: See Remarks (Heating)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.20462, 40.73144
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Professionals I", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Jorgevelasquez@remax.net", "ListBrokerageCity":"Belleville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jvelasquezreo@verizon.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/d63efb81d73311df9eea00219b994c72/20140326005904343.png", "ListBrokerageName":"RE/MAX Professionals I", "ListBrokeragePhone":"973-450-4000", "ListBrokeragePostalCode":"07109", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"264 Washington Ave.", "ListBrokerageWebsiteUrl":"http://www.professionals1.remax-nj.com/", "ListOfficeAddress1":"264 WASHINGTON AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"259491", "ListOfficeCity":"BELLEVILLE", "ListOfficeCountry":"US", "ListOfficeEmail":"jvelasquezreo@verizon.net", "ListOfficePostalCode":"07109", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Newark City, NJ", "ListingURL":"https://listings.listhub.net/pages/GSMLSNJ/4012808/?channel=rexren", "MLSModificationTimestamp":"2026-03-05T14:23:52Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10305, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/5/2026 9:06:57 PM GMT
Source Updated Date: 3/12/2026 12:48:21 PM GMT

Courtesy of: CHRISTOPHER STEAD, RE/MAX PROFESSIONALS I, jvelasquezreo@verizon.net

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.