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481 Springfield AveBerkeley Heights Twp., NJ 07922

Union County

$875,000List price
2,532Sq Ft
1900Year built
0.34Acre lot
11 weeks agoOn market

Description

UNBELIEVABLE REDEVELOPMENT/INVESTMENT OPPORTUNITY! PRIME CORNER .34-ACRE PROPERTY LOCATED IN THE DOWNTOWN DEVELOPMENT (DD) ZONE OF BERKELEY HEIGHTS. THE PROPERTY FEATURES A TWO-FAMILY HOME AND A DETACHED THREE-CAR GARAGE WITH AN APARTMENT, OFFERING IMMEDIATE INCOME POTENTIAL WHILE PLANNING FOR FUTURE REDEVELOPMENT. THIS PARCEL MAY ALSO BE COMBINED WITH THE ADJACENT PROPERTY AT 483-487 SPRINGFIELD AVENUE (MLS # 4038717), CREATING A COMBINED SITE OF APPROXIMATELY .50 ACRES FOR EXPANDED DEVELOPMENT POSSIBILITIES.

Property Information

Property type
Commercial Sale
Year built
1900
Building area
2,532 Sq Ft
Lot size
0.34 acres
Ownership
Fee Simple
Days on market
80
MLS® Listing#
4038714

Property Features

Heating
Natural Gas
Parking
Off Street · On Street
Lot features
Level · Corner Lot
Construction
Wood Siding
Roof
Composition
Utilities
Natural Gas Available
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$14,114Tax year 2025
Assessed value
$320,700
Parcel number
2901-00206-0000-00010-0000-

Directions

CORNER OF SPRINGFIELD AVE. & SUMMIT AVE.

Listing Courtesy: BHHS FOX & ROACH - 7324691515

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