376 Park Ave - Apartments FOR SALE
East Orange, NJ 07017 |
376 Park Ave
East Orange, NJ 07017
HIGHLIGHTS
- SIGNIFICANT UPSIDE with in-place rents that are 34% below market
- IMMEDIATE VALUE ENHANCEMENT through lease-up of vacancies
- CONVENIENT ACCESS TO MANHATTAN Brick Church Train Station offers a 25-minute ride to NY Penn Station
- SUPERB HIGHWAY ACCESS with East Orange positioned at the crossroads of the Garden State Parkway and I-280
- MAJOR INVESTMENT with Goldman Sachs and Triangle Equities recently breaking ground on a massive mixed-use project next to the Brick Church Station
- RAPIDLY EXPANDING CLASS A RENTAL MARKET with 1,100+ new apartments delivered since 2019
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
19400
STORIES
4
YEAR BUILT
1918
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
05-00350-0000-00030-02
