544 Springfield Ave | Newark City

$1,200,000 | 7 Baths (7 Half) | 0.0 Sq. Ft.

Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential. GSMLS 4012808

Directions to property: S. 10th St. to Springfield Ave.

MLS Listing ID: 
GSMLS 4012808
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
0.0
Year Built: 
1930
Living Area: 
0.0
Basement: 
Finished, Full
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Brick/Block
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, See Remarks
Heating System Fuel: 
Gas-Natural
Cooling System: 
4+ Units
Water Source: 
Public Water
Sewer: 
Public Available
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.04
Lot Size (Dimensions): 
31.11X60.7
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking, See Remarks
Parking Type: 
On-Street Parking, See Remarks
Public Record
Parcel Number: 
1614-00314-0000-00003-0000-
Lot Number: 
3
Annual Tax: 
$10,305.00
Property Zoning: 
C2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/5/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land, See Remarks
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX PROFESSIONALS I