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50 Park Ave
East Orange City NJ 07017-5244 US

$1,050,000

Active Listing ID 3890366
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Lot: 0.21 Acres
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Other

$1,050,000

Active Listing ID 3890366
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50 Park Ave Located at the bustling intersection of Park Ave and N 16th in East Orange, this commercial property presents a lucrative opportunity for investors and developers alike. Comprising two adjacent lots at 50 Park Ave and 44 Park Ave (13400 sqft), this corner lot boasts high visibility and exposure, making it an ideal spot for a range of businesses. Currently operating as an automobile repair shop.Zoned as Commercial 4A, versatile usage options: retail, office space, service-oriented. Situated at a prominent intersection, the property benefits from heavy foot and vehicle traffic, ensuring maximum exposure for any business venture. Development Potential: In addition to its current use, the property holds significant development potential. With plans in progress to obtain a residential permit for a 16-unit building, investors have the opportunity to capitalize on the burgeoning demand for housing in the area. The corner lot configuration offers maximum visibility and accessibility, making it an attractive location for businesses seeking to establish a strong presence in the community. #Buyer is responsible for conducting their own due diligence about zoning & development. Don't miss out on this exceptional opportunity to invest in a prime commercial property.

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1050000
  • unparsedaddress: 50 Park Ave
  • postalcity: East Orange City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07017-5244
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21
  • lotsizeunits: Acres
  • lotsizearea: 0.21
  • livingareaunits: Square Feet
  • latitude: 40.7622398395877
  • longitude: -74.1955201607198
  • listagentfullname: VARINDER SINGH SANDHU
  • listagentemail: NJ.Broker@eXpRealty.net
  • listagentkey: 3yd-GSMLSNJ-404514
  • listagentmlsid: 404514
  • listagentpreferredphone: 8662016210
  • listagentofficephone: 8662016210
  • listofficekey: 3yd-GSMLSNJ-5028
  • listofficemlsid: 5028
  • disclaimer: Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1931
  • listingcontractdate: 2024-03-12
  • listagenturl: http://nj.exprealty.com
  • countyorparish: Essex
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.19552, 40.76224
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Listing Changed: 3/26/2024 2:52:29 PM GMT
Source Updated Date: 4/27/2024 6:43:39 AM GMT

Courtesy of: VARINDER SINGH SANDHU, EXP REALTY, LLC, NJ.Broker@eXpRealty.net

Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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