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Matthew Bathmann

matthew@propertypeoplegroup.com +1(973) 856-0515

$ 999,000

Est. payment -/mo

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Price Dropped by $596K

481-487 Springfield Ave Berkeley Heights Twp., NJ 07922

9,999 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,999 sqft

Price per Sqft $99

MLS Listing ID 4058826

Annual Tax Amount $26,815

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Mixed Use

Property Description

UNBELIEVABLE: THE SIGNIFICANT PRICE IMPROVEMENT REFLECTS THE PROPERTY'S STRICTLY AS-IS SALE CONDITION. KNOWN ENVIRONMENTAL CONTAMINATION EXISTS ON THE PROPERTY, AND ENVIRONMENTAL REMEDIATION WILL BE REQUIRED. BUYERS ARE ENCOURAGED TO CONDUCT THEIR OWN DUE DILIGENCE AND EVALUATE ALL ASSOCIATED COSTS, REQUIREMENTS, AND REDEVELOPMENT POTENTIAL. THIS UNIQUE PORTFOLIO OFFERING INCLUDES A TWO-FAMILY RESIDENCE AND A DETACHED THREE-CAR GARAGE WITH AN APARTMENT, SITUATED ON APPROXIMATELY 0.34 ACRES, TOGETHER WITH A 2,400 SF RETAIL BUILDING OCCUPIED BY TWO TENANTS ON AN ADDITIONAL 0.16 ACRES. IN TOTAL, THE PORTFOLIO ENCOMPASSES APPROXIMATELY 0.50 ACRES IN BERKELEY HEIGHTS' HIGHLY DESIRABLE DOWNTOWN DEVELOPMENT (DD) ZONE, PRESENTING AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS, DEVELOPERS, AND THOSE SEEKING LONG-TERM GROWTH POTENTIAL.

Location

State NJ

County Union

Zoning DD

Rooms

Basement Storage, Unfinished

Interior

Heating Gas-Natural

Cooling See Remarks

Flooring Carpeting, Laminate, Tile, Wood

Equipment Appliances, Fire Alarm, Restrooms - Private, Restrooms - Public, Sign - Building, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick, CedarSid, CompSide, Concrete

Utilities Available Electric, Gas-Natural

Roof Type Composition Shingle, Flat

Garage No

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by BHHS FOX & ROACH

Matthew Bathmann

Agent License ID: 2563620

+1(973) 856-0515

Matthew Bathmann

481-487 Springfield Ave Berkeley Heights Twp., NJ 07922

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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481-487 Springfield Ave