1 N Harrison St - Storefront Retail/Residential FOR SALE


East Orange, NJ 07017
$1,375,000 USD
201-215-1811
1 N Harrison St, East Orange, NJ for Sale
$1,375,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | 7.82% Cap Rate

1 N Harrison St
East Orange, NJ 07017


HIGHLIGHTS

  • Upside Potential
  • Convenient Location
  • Transit Oriented Location
  • Area Development
  • Seton Hall University
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use building located at 1 Harrison Street in East Orange, New Jersey (“the Property”). The Property consists of a three-story mixed-use building containing five (5) total units comprised of one (1), 3-Bedroom/1-Bathroom residential unit and four (4) commercial units on a 0.11-acre corner parcel of land. The Property is well located at the signalized intersection of N Harrison Street and Main Street, one of the area’s primary commercial and commuter corridors, in the heart of East Orange. The Property is across the street from The Crossing at Brick Church Station, a new mixed-use development that includes 820 residential units and 196,000 square feet of retail space (including Shop Rite). The Property is also convenient to Seton Hall University and East Orange VA Medical Center, enjoys convenient access to several commuter rail stations and is 3.5-miles from the Newark’s Central Business District. The Property is positioned along the municipal bus line, is seconds from Brick Church Train Station (with direct service to Manhattan’s Penn Station) and offers quick access to Interstate 280, the Garden State Parkway, and NJ Route 21. Located in Essex County, East Orange is a suburb of New York City and is approximately 13-miles to the wes

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

7.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1 N Harrison St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

05-00686-0000-00001,05-00686-0000-00002

ASK ABOUT THIS PROPERTY

Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

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Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.