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.