416 Park Ave - Storefront Retail/Residential FOR SALE


East Orange, NJ 07017
$899,000 USD
704-312-2176
416 Park Ave, East Orange, NJ for Sale
$899,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

416 Park Ave
East Orange, NJ 07017


OVERVIEW

Unlock exceptional value and long-term upside with this well-located mixed-use asset in East Orange's growing Park Avenue corridor. 416–418 Park Avenue is a ±5,250 SF brick building situated on a ±6,250 SF lot, offering a unique blend of two ground-floor commercial storefronts, two residential apartments, three garages, and on-site parking. Built in 1915, the structure combines classic architecture with a flexible layout ideal for repositioning or redevelopment. Zoned for mixed-use, the property allows for a combination of commercial and residential uses, subject to municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of East Orange to confirm permitted uses and future development opportunities. With immediate access to NJ Transit’s Brick Church and East Orange train stations, this location offers outstanding connectivity to Manhattan and key regional hubs. The surrounding area continues to attract both private investment and municipal revitalization, positioning this property at the center of a rapidly transforming market. Priced at $899,000, 416–418 Park Avenue represents more than just square footage—it’s a strategic opportunity to create value in a city on the rise. Whether you're a developer with a vision, an investor seeking long-term yield, or an end-user looking to establish a footprint in a dynamic corridor, this property offers the location, flexibility, and potential. Sold in as-is condition. As-Is Condition Seller makes no warranties regarding C/O, outstanding Violations, Occupants No Contingencies Open/Outstanding Real Estate Taxes and/or Water/Sewer liens to be paid by Seller at Closing ANS Title required for Title Insurance

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Mixed Use

APN/PARCEL ID

05-00351-0000-00026,05-00351-0000-00026-0000-B01

ASK ABOUT THIS PROPERTY

Rashad DavisKW CommercialMore Info
704-312-2176

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Rashad DavisKW CommercialMore Info
704-312-2176

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