721 Springfield Ave, Newark City, NJ 07103
721 Springfield Ave, Newark City, NJ 07103
721 Springfield Ave, Newark City, NJ 07103
721 Springfield Ave, Newark City, NJ 07103
721 Springfield Ave, Newark City, NJ 07103
721 Springfield Ave, Newark City, NJ 07103
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Matthew De Fede

Matthew De Fede

+1(862) 228-0554
$ 1,300,000
Est. payment | /mo

5 Beds

3 Baths

5,924 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

5 Beds

3 Baths

5,924 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,924 sqft

Price per Sqft $219

MLS Listing ID 4049071

Style 2-Two Story

Bedrooms 5

Full Baths 2

Half Baths 2

Annual Tax Amount $7,998

Tax Year 2025

Lot Size 2,613 Sqft

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!

Location

State NJ

County Essex

Zoning Commercial re

Rooms

Basement Walkout

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Exterior Feature Brick, See Remarks

Utilities Available See Remarks

Roof Type See Remarks

Garage No

Building

Lot Description Corner

Sewer See Remarks

Water See Remarks

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REALTY 33, LLC

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ 07110, USA

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721 Springfield Ave