1 / 31IDX ListingNewark, NJ · Active
721 Springfield Ave
$1,300,000
7,777 sqft
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!
Property details
- Type
- Store With Apartment
- Lot size
- 0.06 acres
- Lot dimensions
- 32.10X80
- Building size
- 7,777 sqft
- Subdivision
- Southward
- Available area
- 2,570 sqft
- Price per sqft
- $77
- Units
- 4
- Offered
- For Sale
- Zoning
- Commercial
- Possession
- Tbd
- MLS #
- 4047817
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