47 Park Ave, West Orange, NJ 07052
- $950,000
- List Price
- $950,000
- Days on Market
- 4
- Status
- ACTIVE
- MLS#
- NJES2000388
- Lot Size (Acres)
- 0.21
- Year Built
- 1876
- County
- Essex
- School District
- West Orange Schools
Property Description
Welcome to this highly visible commercial space located at the corner of Park Ave and Main Street in the heart of West Orange. This remarkable location is home to a 3-story Victorian-style commercial building, featuring 8 separate office spaces, an unfinished basement and its own on-site parking lot. This building is fully leased with all tenants currently on month-to-month leases. Conveniently located near Route 280, the Garden State Parkway and public transportation offering easy access to NYC. Prime opportunity to own a professional building at such a prominent location with a current cap rate of 6.23%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.
Additional Information
- Area
- West Orange Twp (20722)
- Taxes
- $17300
- School District
- West Orange Schools
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C, Window Unit(s)
- Roof
- Asphalt
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Better Homes and Gardens Real Estate Maturo. Contact: (856) 316-0777