Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Located along a well-traveled commercial corridor in Newark's West Ward.
  • Benefits from steady local activity and convenient access to daily amenities.
  • Route 25 and more
  • Surrounded by a mix of neighborhood retail businesses and residential communities.
  • Offers connectivity to major transportation routes and the broader Essex County market.

Executive Summary

Situated along a prominent commercial corridor in Newark's West Ward, this mixed-use retail and residential property benefits from strong neighborhood visibility and a diverse surrounding community. The area is characterized by a blend of local businesses, residential housing, and everyday conveniences, creating consistent activity throughout the day. Its location offers convenient access to nearby transportation routes, community services, and employment centers throughout Newark and the greater Essex County region.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,592 SF
Building Class
C
Year Built
1920
Price
$1,800,669 CAD
Price Per SF
$694.70 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.06 AC
Zoning
Commercial - Commercial, redevelopment main avenue
Frontage
32’ on Springfield

Amenities

  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

PureGym
Bank of America
Capital One
Golden Krust Caribbean Restaurants
CTown
Rent-a-center
Applebee's
Key Food
SuperFresh
Blimpie America's Sub Shop

Property Taxes

Property Taxes

Parcel Number
14-02640-0000-00038
Land Assessment
$91,031 CAD
Improvements Assessment
$184,821 CAD
Total Assessment
$275,852 CAD
  • Listing ID: 41839209

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 721 Springfield Ave, Newark, NJ 07103

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}