721 Springfield Ave, Newark, NJ 07103
Local realty services provided by:ERA Central Realty Group
721 Springfield Ave,Newark City, NJ 07103
$1,300,000
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: onyemaechi okafor
Office: realty 33, llc.973-762-9000
MLS#:4049071
Source:NJ_GSMLS
Price summary
- Price:$1,300,000
About this home
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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Home facts
- Listing ID #:4049071
- Added:8 day(s) ago
- Updated:September 04, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Half bathrooms:2
- Rooms Total:10
- Basement Description:Basement, Walkout
Structure and exterior
- Lot area:0.06 Acres
- Lot Features:Corner
- Architectural Style:2-Two Story
- Construction Materials:Brick
Finances and disclosures
- Price:$1,300,000
- Tax amount:$7,998 (2025)
Parking
- Parking description:On-Street Parking
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