3,000 SF Retail
For Sale
Contact for pricing
Pending
454-456 Springfield Ave, Newark, NJ 07103
For sale 3,000 SF retail property with an 8.85% cap rate.
Property SizeContact for details
Days on Market145
Property Features for 454-456 Springfield Ave
General Information
Standard status
Pending
Property subtype
Retail, Office
Listing Agency:
Ripco Real Estate LLC
Listed By:
Jerry Joseph · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Sep 1 at 12:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ripco Real Estate LLC
Investment Insights
Based on property information with market context.
This offering is a for-sale retail property totaling 3,000 square feet, marketed with an 8.85% cap rate.
The asset is located at 454-456 Springfield Ave in Newark, New Jersey. The purchase is presented as a retail investment opportunity based on the stated cap rate and existing building size.
The asset is located at 454-456 Springfield Ave in Newark, New Jersey. The purchase is presented as a retail investment opportunity based on the stated cap rate and existing building size.
Key Highlights
- 3,000 SF retail property for sale
- Listed cap rate of 8.85%
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Home Improvements & Furnishings 24%
Groceries 7%
The Home Depot
Home Improvements & Furnishings
49,259 visits/mo
0.1 miles
Wendy's
Dining
23,955 visits/mo
0.1 miles
Dunkin' Donuts
Dining
20,567 visits/mo
0.5 miles
Exxon
Shops & Services
16,331 visits/mo
0.2 miles
Save-A-Lot
Groceries
14,097 visits/mo
0.2 miles
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale 3,000 SF retail property with an 8.85% cap rate.
Where is this retail space located?
The property is located at 454-456 Springfield Ave Newark, NJ.
What are key features of this property?
This property features: 3,000 SF retail property for sale; Listed cap rate of 8.85%
