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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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504 Springfield Ave , Newark City, NJ 07103
$649,999
Est. Payment: $3,307.98/mo
0 Bed
1.5 Bath
0 Sqft
Status: pending | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Mixed-Use Building: Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy, making it an excellent opportunity for a variety of potential businesses. The 2nd and 3rd floors each include large, residential apartments with 3 or potential for 4 bedrooms 1 bathroom. (Note: some bedrooms do not include a closet.) These units offer high ceilings, generous layouts, & both front and rear stair access. Separate utilities, Unfinished basement w/ bilco door. Building upgrades completed in 2006, including updated electrical systems, central air, hot water baseboard heating. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. Store Rent Potential $2,500 - $3,000 - (Potential Annual Income $100,000 -$110,000(+/-) - Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.
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Highlights

Listed by TINA REBIMBAS TORRES , MP RE/MAX LIFETIME REALTORS , 908-688-2828. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.06

Year Built

1947

County

Essex

Listing ID

4017527

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:1.5
  • ▪ Full Bathrooms:
  • ▪ 1/2 Bathrooms:3
Air Cond:1 Unit,Central Air
Fireplaces:
Floor:Vinyl-Linoleum
Basement:Unfinished
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:24.3X105
Garage Capacity:0
Zoning:Mixed Use
Roof:Flat
Others:Brick/Block
Sewer:Public Sewer
Parking Features:On-Street Parking
Principal Interest
$3,308
Taxes
$893

Home Price

$649,999

Loan Details

30 yrs
6.562%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,307.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,307.98 $892.75 $0.00 $4,200.73
Yearly $39,695.76 $10,713.00 $0.00 $50,408.76
Total $1,190,872.76 $321,390.00 $0.00 $1,512,262.76

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS