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About This Home
This 0-bedroom, 0-bathroom commercial at 544 Springfield Ave in Newark City, NJ is listed for $1,200,000. Built in 1930, on a 0.04 acres lot.
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.
Key Features
- Built in 1930
- 0.04 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
544 Springfield Ave
Newark City, NJ 07103-1746
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 544 Springfield Ave is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.04 acre lot.
This property is listed by CHRISTOPHER STEAD and can be reached at 9734504000 or jvelasquezreo@verizon.net.
