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    15 Center St Springfield, NJ 07081

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    For Sale
    $475,000

    Free-standing building in a commercial district, close to Morris Avenue.

    Lot size:
    0.10 Acres

    Property Features for 15 Center St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    9999
    Source: Corcoran

    Listing Agent: Olga C. Ferreira

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Business District

    This free-standing building is located in a commercial and business district. Currently rented as a residential property, it was previously used for business purposes. The property is in close proximity to Morris Avenue and benefits from low taxes. The building is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PBM Professional Business Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Springfield Floral Design, Party Artistry Inc

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Union
    State
    New Jersey
    Longitude
    -74.3125125
    Latitude
    40.7107337

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    FAQs

    What type of property is this?
    Storefront property - Free-standing building in a commercial district, close to Morris Avenue.
    Where is this storefront property located?
    The property is located at 15 Center St Springfield, NJ.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Free standing building in a bustling commercial/business district.; - Enjoy low taxes.; - Close proximity to Morris Avenue.
    (908) 686-6000
    Request Owner's contact information
    15 Center St Springfield, NJ 07081
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    Springfield, NJ 07081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Center St Springfield, NJ 07081
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