422 Main St - Churches FOR SALE


East Orange, NJ 07018
$2,500,000 USD
973-985-0265
422 Main St, East Orange, NJ for Sale
$2,500,000 USD
Churches - FOR SALE
1/1
null | Request Cap Rate

422 Main St
East Orange, NJ 07018


HIGHLIGHTS

  • Nearly one-acre site in East Orange’s Transit Village District
  • Zoned for up to 125 multifamily or mixed-use units
  • Surrounded by over $2.5B in public and private redevelopment

OVERVIEW

Positioned in the heart of East Orange’s rapidly transforming urban core, the ±25,000 SF site at 422 Main Street and 12 & 14 Burnett Street presents a rare opportunity for developers to capitalize on one of New Jersey’s most active redevelopment corridors. Spanning nearly one acre, the property is zoned within the Central Art & Cultural District and Transit Village District, allowing for a dynamic mixed-use or multifamily development of up to 125 units.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,825 SF

ZONING

-

APN/PARCEL ID

05-00371-0000-00001,05-00371-0000-00027,05-00371-0000-00028

ASK ABOUT THIS PROPERTY

Peter RasmussonLee & Associates - New Jersey, LLCMore Info
973-985-0265

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

Peter RasmussonLee & Associates - New Jersey, LLCMore Info
973-985-0265

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