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1886 Springfield Ave
Maplewood, NJ 07040
Retail Property For Sale

PROPERTY FACTS
- 248’ on Springfield Ave
- 162’ on Prospect St
ABOUT 1886 SPRINGFIELD AVE , MAPLEWOOD, NJ 07040
Marcus & Millichap has been selected to exclusively market for sale 1886 Springfield Ave, a 12,150 square foot building located on the corner of Springfield Ave and Prospect Street. The building is currently occupied with one tenant on the ground floor, which has recently contributed $300,000 in capital improvements to the space. With a variance, the property has the potential to be converted or expanded into apartments. The property has direct access to the Garden State Parkway, Route 22, and I-78. Located approximately one mile from the Maplewood Train Station which offers convenient routes to Manhattan. Approximately 0.5 miles to the Watchung Ave Bus Stop. Approximately 15 minutes from Newark Liberty Airport and 23 miles from New York City. Recently, Springfield Ave in Maplewood has sparked new interest to commercial tenants. The Springfield Ave Partnership has pushed for a 2% increase in property assessments and an increase in Township contribution to offset an increase in the cost of its cleaning service which have previously been increased by the county.
PROPERTY TAXES
| Parcel Number | 11-00022-02-00255 | Improvements Assessment | $1,333,200 |
| Land Assessment | $800,000 | Total Assessment | $2,133,200 |
PROPERTY TAXES
Listing ID: 15419386
Date on Market: 3/12/2019
Last Updated:
Address: 1886 Springfield Ave, Maplewood, NJ 07040
The Retail Property at 1886 Springfield Ave, Maplewood, NJ 07040 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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