721 Springfield Ave,Newark City, NJ 07103
Newark City, NJ 07103
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!
Details
| MLS # | 4047817 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 88 |
| Listing Provided By | REALTY 33, LLC | ONYEMAECHI OKAFOR |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | Commercial |
Taxes
| Property | 7998 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Community Name | Southward |
| Listing VS Median (in Southward) | |
Price: $1,300,000 low | high Med: $0 On site: 88 low | high Med: | |
Market Activity 07103
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Community Name | Southward |
| Listing VS Median (in Southward) | |
Price: $1,300,000 low | high Med: $0 On site: 88 low | high Med: | |
 | $1,300,000721 Springfield AveNewark City, NJ 07103 |
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