$1,350,000

( )

$7,247 est/mo Sourced by Back At You

544 Springfield Ave,Newark City, NJ 07103

Newark City, NJ 07103

Description

Fully renovated 6-family investment property in Newark featuring 12 bedrooms and 7.5 baths. Turnkey income-producing asset with strong cash flow, separate utilities, full basement, and two vacant units offering rental upside. Sale includes an additional lot next door. Conveniently located near highways, transportation, shopping, and downtown Newark.

Details

MLS #	4030882
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	1930
Days On Site	136
Listing Provided By	RE/MAX PROFESSIONALS I \| CHRISTOPHER STEAD

Features

Basement	Y
Units	6
Zoning	C2

Taxes

Property	10305

Area Information

State	NJ
County	Essex
City	Newark City
Zip Code	07103
Area	Essex
Listing VS Median (in 07103)
Price: $1,350,000 low \| high Med: $2,350 100% of Average On site: 136 low \| high Med: 106.5 100% of Average

Sourced by Back At You

Market Activity 07103

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2026	Sales: 2	Avg $ Per SqFt: $	Min Sale Price: $425,000	Max Sale Price: $540,000	Med Sale Price: $482,500
Date: Jul 2026	Sales: 7	Avg $ Per SqFt: $	Min Sale Price: $260,000	Max Sale Price: $885,000	Med Sale Price: $435,000
Date: Jun 2026	Sales: 6	Avg $ Per SqFt: $	Min Sale Price: $350,000	Max Sale Price: $775,000	Med Sale Price: $464,950
Date: May 2026	Sales: 8	Avg $ Per SqFt: $	Min Sale Price: $275,000	Max Sale Price: $855,000	Med Sale Price: $491,000
Date: Apr 2026	Sales: 17	Avg $ Per SqFt: $	Min Sale Price: $220,000	Max Sale Price: $1,100,000	Med Sale Price: $456,000
Date: Mar 2026	Sales: 15	Avg $ Per SqFt: $	Min Sale Price: $230,000	Max Sale Price: $999,999	Med Sale Price: $390,000
Date: Feb 2026	Sales: 18	Avg $ Per SqFt: $	Min Sale Price: $280,000	Max Sale Price: $965,000	Med Sale Price: $650,000
Date: Jan 2026	Sales: 14	Avg $ Per SqFt: $	Min Sale Price: $345,000	Max Sale Price: $1,075,000	Med Sale Price: $665,000
Date: Dec 2025	Sales: 3	Avg $ Per SqFt: $	Min Sale Price: $360,000	Max Sale Price: $740,000	Med Sale Price: $665,000
Date: Nov 2025	Sales: 4	Avg $ Per SqFt: $	Min Sale Price: $450,000	Max Sale Price: $770,000	Med Sale Price: $549,500
Date: Oct 2025	Sales: 7	Avg $ Per SqFt: $	Min Sale Price: $335,000	Max Sale Price: $1,050,000	Med Sale Price: $851,000

Sourced by Back At You

Aug 2026
Sales:	2
Avg $ Per SqFt:	$
Min Sale Price:	$425,000
Max Sale Price:	$540,000
Med Sale Price:	$482,500
Jul 2026
Sales:	7
Avg $ Per SqFt:	$
Min Sale Price:	$260,000
Max Sale Price:	$885,000
Med Sale Price:	$435,000
Jun 2026
Sales:	6
Avg $ Per SqFt:	$
Min Sale Price:	$350,000
Max Sale Price:	$775,000
Med Sale Price:	$464,950
May 2026
Sales:	8
Avg $ Per SqFt:	$
Min Sale Price:	$275,000
Max Sale Price:	$855,000
Med Sale Price:	$491,000
Apr 2026
Sales:	17
Avg $ Per SqFt:	$
Min Sale Price:	$220,000
Max Sale Price:	$1,100,000
Med Sale Price:	$456,000
Mar 2026
Sales:	15
Avg $ Per SqFt:	$
Min Sale Price:	$230,000
Max Sale Price:	$999,999
Med Sale Price:	$390,000
Feb 2026
Sales:	18
Avg $ Per SqFt:	$
Min Sale Price:	$280,000
Max Sale Price:	$965,000
Med Sale Price:	$650,000
Jan 2026
Sales:	14
Avg $ Per SqFt:	$
Min Sale Price:	$345,000
Max Sale Price:	$1,075,000
Med Sale Price:	$665,000
Dec 2025
Sales:	3
Avg $ Per SqFt:	$
Min Sale Price:	$360,000
Max Sale Price:	$740,000
Med Sale Price:	$665,000
Nov 2025
Sales:	4
Avg $ Per SqFt:	$
Min Sale Price:	$450,000
Max Sale Price:	$770,000
Med Sale Price:	$549,500
Oct 2025
Sales:	7
Avg $ Per SqFt:	$
Min Sale Price:	$335,000
Max Sale Price:	$1,050,000
Med Sale Price:	$851,000

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Contact

Learn More About This Property

Margaret Ludwiczak

Village Square Realtors

(973) 800-7237 maggienjhomes@gmail.com

State	NJ
County	Essex
City	Newark City
Zip Code	07103
Area	Essex
Listing VS Median (in 07103)
Price: $1,350,000 low \| high Med: $2,350 100% of Average On site: 136 low \| high Med: 106.5 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/2 mile)

Price: $1.12M - $1.687M

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$1,100,000 51 Rose Ter Newark City, NJ 07108

Listing Updated: October 1, 2026 at 6:29:55 PM PDT

544 Springfield Ave,Newark City, NJ 07103

Newark City, NJ 07103

Description

Details

Features

Taxes

Area Information

Market Activity 07103

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Additional Information

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Village Square Realtors

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$1,100,000

Margaret Ludwiczak - Village Square Realtors

544 Springfield Ave,Newark City, NJ 07103

Newark City, NJ 07103

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Description

Details

Features

Taxes

Area Information

Market Activity 07103

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Margaret Ludwiczak

Village Square Realtors

Contact

Additional Information

Submit Form

Attachments

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$1,100,000

Margaret Ludwiczak - Village Square Realtors