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721 Springfield Ave, Newark City, NJ 07103

$1,300,000
: 5
BD
: 2.2
BA

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List Price: $1,300,000
Status: ACTIVE
MLS#: 4049071
Bedrooms: 5
Bathrooms: 2.2
Half-baths: 2
County: Essex
City: Newark City

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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!

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Additional Information

Exterior: Brick, See Remarks
Lot Description: Corner
Basement: Yes
Water: See Remarks
Sewer: See Remarks
Fuel: See Remarks