721 Springfield Ave, Newark City, NJ 07103
- $1,300,000
- 5
- BD
- 2.2
- BA
- List Price
- $1,300,000
- MLS#
- 4049071
- Status
- ACTIVE
- County
- Essex
- City
- Newark City
- Bedrooms
- 5
- Bathrooms
- 2.2
- Baths Full
- 2
- Baths Half
- 2
- Acres
- 0.06
Property Description
Rare and premier opportunity to own a prime piece of Newark real estate at 721 Springfield Ave, situated directly in a rapidly transforming municipal redevelopment zone. Offered at $1.3M, this property boasts an ultra-visible, high-traffic location with immense upside. Strategically positioned on a block where two surrounding plots of land are also located within the redevelopment footprint, this site offers savvy buyers a front-row seat to future area assemblage and massive neighborhood expansion. Capitalize on Newark's major revitalization momentum, favorable commercial/mixed-use zoning, and maximum brand exposure. Being sold strictly AS-IS. Buyer is responsible for all municipal certificates, variances, and due diligence. Secure this anchorlocation before the surrounding area fully booms!
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Additional Information
- Taxes
- $7,998
- Cooling
- See Remarks
- Exterior
- Brick, See Remarks
- Heating
- See Remarks
- Roof
- See Remarks
- Sewer
- See Remarks
- Water
- See Remarks
- Basement
- Yes
- Lot Description
- Corner
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Listing Courtesy Of REALTY 33, LLC, Contact: 973-762-9000
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