Skip to content

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

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
  • $850,000

    Similar

    2,213 Sq Ft

    219 Garfield AvePlainfield City, NJ 07062#4047620

    ActiveMixed Use5 weeks13 photos
  • $789,000

    Similar

    3,500 Sq Ft

    301 Forest RdScotch Plains Twp., NJ 07076#3960696

    ActiveCommercial Sale17 months16 photos
  • $24/sqft

    Nearby< 0.1 mi

    3,500 Sq Ft

    503 Springfield AveBerkeley Heights Twp., NJ 07922#3992888

    For RentRetail11 months10 photos
  • $2,500/mo

    Nearby< 0.1 mi

    186 Sherman AveBerkeley Heights Twp., NJ 07922#4032907

    For RentOffice3 months3 photos
  • $2,950/mo

    Nearby0.1 mi

    160 Sherman AveBerkeley Heights Twp., NJ 07922#4044744

    For RentIndustrial7 weeks18 photos
  • $22/mo

    Nearby0.1 mi

    430 Springfield AveBerkeley Heights Twp., NJ 07922#3967572

    For RentRetail15 months1 photos

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
219 Garfield Ave, Plainfield City, NJ$850,000——2,213
301 Forest Rd, Scotch Plains Twp., NJ$789,000——3,500

Connect with a Local Real Estate Expert

  • Sophia Cardoso

    Sales Representative

    EXIT Realty Lucky Associates (Elizabeth)

  • Antonio Costa

    Sales Representative

    EXIT Realty Lucky Associates (Elizabeth)

  • Joe Corticada

    Sales Representative

    EXIT Realty Lucky Associates (Elizabeth)

  • Luis Nogueira

    Broker of Record

    EXIT Realty Lucky Associates (Elizabeth)

  • Jose Ferreira

    Associate Broker

    EXIT Realty Lucky Associates (Elizabeth)