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    • $1,300,000

    721 Springfield Ave #721, Newark City, NJ 07103

    --beds
    2baths
    2,570sqft
    : 
    $8,481/mo
    Get pre-qualified
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $506/sqft
    $-- HOA

    What's special

    Ultra-visible high-traffic location
    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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    Zillow last checked:

    Listing updated:

    Listed by:

    Onyemaechi Okafor 973-762-9000,

    Realty 33, Llc

    Source: GSMLS,MLS#: 4047817MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 2
      Heating
      • See Remarks
      Cooling
      • See Remarks
      Features
      • Doors: Max Door Height: 0
      • Basement: None
      Interior area
      • Total structure area: 7,777
      • Total interior livable area: 2,570 sqft

      Property

      Parking
      • Parking features: On-Street Parking
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 32.10 x 80
      • Features: Business District, Corner, See Remarks
      Details
      • Parcel number: 1614026400000000380000
      • Zoning description: Commercial
      • Other equipment: See Remarks

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick/Block, See Remarks
      • Roof: See Remarks

      Utilities & green energy

      • Sewer: See Remarks
      • Water: See Remarks
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Southward
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $506/sqft
      • Tax assessed value: $200,000
      • Annual tax amount: $7,998
      • Date on market: 8/19/2026
      • Inclusions: Building & Land, See Remarks
      • Ownership type: Fee Simple
      • Tenant pays: Electricity, Gas, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$1,300,000$506/sqft
        Source: GSMLS #4047817 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: West Side

        Getting around

        82 / 100
        Very Walkable
        65 / 100
        Good Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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