1882 SPRINGFIELD AVENUE

Property Description

1882 Springfield Avenue in Maplewood, NJ presents a strong mixed-use investment opportunity with both residential and commercial appeal. The property includes four updated residential apartments offering reliable rental income, and a ground-floor retail space that is currently leased, providing immediate cash flow. Located on a busy commercial corridor, the storefront benefits from high visibility. A standout feature is the 33 dedicated parking spaces—an uncommon amenity that adds value for both residents and retail patrons.

Situated in the heart of Maplewood’s vibrant retail district, the property is steps from shops, restaurants, and services. Maplewood is a sought-after community known for excellent schools, a welcoming atmosphere, and easy access to NYC via public transit and major highways. With multiple income streams, solid tenants, and long-term growth potential, 1882 Springfield Avenue is a well-positioned and attractive investment.

Location Description 

Located at 1882 Springfield Avenue in Maplewood, NJ, this property offers an exceptional investment opportunity in a vibrant and redeveloping area. Situated in the heart of Maplewood’s active walkable retail corridor, Springfield Avenue serves as the main retail artery of the township. The area boasts a variety of curated merchant neighbors, including restaurants, event spaces, apparel merchants, hair salons, pharmacies, and more. Recent improvements have enhanced the neighborhood’s walkability, with repaved sidewalks, curbside trees, and benches, making it an attractive destination for both residents and visitors.

The property is conveniently located near major transportation routes, including Interstate 78 and the Garden State Parkway, providing easy access to the broader New Jersey area and New York City. Additionally, it’s less than 10 miles from Newark International Airport, offering excellent connectivity for both businesses and residents.

Maplewood is renowned for its family-friendly atmosphere, excellent schools, and strong community engagement. The township’s proximity to major transportation routes and its status as a commuter suburb to New York City further enhance the property’s appeal to both businesses and residents.​

This location presents a compelling opportunity for investors seeking to capitalize on a growing commercial area with a mix of established and emerging businesses.