146 S. Munn Avenue | East Orange, NJ Licensed Residential Healthcare Facility | Adaptive Reuse / Multifamily Redevelopment Opportunity 146 S. Munn Avenue presents a rare opportunity to acquire a licensed residential healthcare facility located in the R-4 Multifamily District of East Orange, New Jersey. The ±5,476 SF building sits on a ±0.41-acre (approx. 17,860 SF) parcel and is configured for 33–34 residents with long-term operational history in place. The property offers both immediate operational income and long-term redevelopment optionality. Existing Building & Operations • Licensed for 33–34 residents (currently housing 23) • 14 total rooms (single, double & triple occupancy) • 3–4 private rooms for higher-need residents • Commercial kitchen with in-house meal service • Dining room & administrative office • Community bathrooms • Electric baseboard heating & two boilers • Fire escape (code compliant) • Daily nurse visits Operational highlights include income primarily derived from state and federal assistance programs, annual occupancy agreements, and average tenant tenure exceeding 12 years — reflecting a stabilized, mission-based housing model. Zoning – R-4 Multifamily District R-4 zoning permits high-density residential uses including: • Multifamily structures & high-rise apartments • Garden apartments & townhouses • Three-family dwellings • Senior care communities (conditional use) Key Metrics (per R-4 District): • 100 dwelling units per acre • Maximum height up to 20 stories / 230 ft • 60% maximum lot coverage • Minimum lot area: 20,000 SF • Outdoor usable space requirements apply With ±0.41 acres, the site presents potential for affordable housing redevelopment, senior housing, supportive housing, workforce housing, or mixed-income LIHTC projects (subject to approvals and due diligence). Ideal Buyer Profile • Non-profit housing providers • Supportive or transitional housing operators • Affordable / LIHTC developers • Faith-based organizations & CDCs • Impact-driven private redevelopers Location Highlights Situated in a dense, transit-accessible Essex County submarket, the property benefits from: • Walkable urban setting • Access to public transportation • Proximity to employment centers • Strong demand for affordable and supportive housing Offering Details Asking Price: $1,215,000 Financials available upon execution of NDA. Qualified nonprofit, healthcare, or redevelopment experience preferred.