$1,200,000

544 Springfield Avenue, Newark, NJ 07103

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

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.

Listing Status:: Active
Date Added:: March 5, 2026
Data Last Updated:: May 10, 2026 at 3:58PM
Listing Office:: RE/MAX Professionals 1 : 973-450-4000
Listing Agent:: Jorge Velasquez : 973-450-4000
MLS ID:: 26007224

Heating: BaseboardCentral AirGas

County: ESSEX

Utilities: Sep ElecSep GasSeperate Heat

Ownership: Corporate

This listing courtesy of Jorge Velasquez , RE/MAX Professionals 1

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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