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South Orange, NJ Apartment Buildings for Sale

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South Orange Mixed-Use Corner Gem
Updated: May 30, 2025
South Orange Mixed-Use Corner Gem

101 2nd St, South Orange, NJ 07079

$1,350,000
Prime location: Steps to South Orange train station with direct access to NYC Midtown, plus immediate access to shopping, restaurants, and coffee shops.
Fully leased residential units: Four stable, fully leased apartments renovated to the studs in 2016 with new plumbing, electrical, and mechanical systems.
Newly renovated office storefronts: Three sleek, turnkey office spaces renovated in 2024, each with a private ½ bath and ductless split system.
Strong rental income potential: Ideal for investors seeking strong rental income with office upside.
High‑quality apartment features: Apartments boast great natural light, solid hardwood floors, cherry kitchen cabinets, stainless steel appliances, thermal windows, and central air.
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See what stands out in Essex County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in South Orange, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Unit Multifamily Income Property
8-Unit Multifamily Income Property

42-46 Smith St, Newark, NJ 07106

$800,000
0.17 AC lot

Fully occupied 8-unit multifamily property on an oversized lot with month-to-month tenancies.

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Irvington Multifamily Investment Opportunity
Irvington Multifamily Investment Opportunity

26-30 Elmwood Avenue, Irvington, NJ 07111

Contact for pricing
32,000 sqft

32-unit multifamily asset with value-add potential in Irvington.

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Irvington Twp. Multifamily Investment Property
Irvington Twp. Multifamily Investment Property

150 Hillside Ter, Irvington, NJ 07111

$764,900

Well-maintained multifamily property with separate heat and a three-car garage.

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Newark Multifamily Investment Opportunity
Newark Multifamily Investment Opportunity

773-775 Sanford, Newark, NJ 07106

Contact for pricing

12-unit property with 7.25% cap rate and appreciation potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Off-Market Properties in South Orange, NJ

Consider similar Off-Market properties in South Orange, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1160 Orange Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1160 Orange Ave, South Orange, NJ 07079

Estimated value:
$1,045,000
4,240 sqft 0.11 AC lot
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47 Church St
APARTMENT HOUSE (UNDER 5 UNITS)

47 Church St, South Orange, NJ 07079

Estimated value:
$1,500,000
1,728 sqft 0.26 AC lot
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123 Milligan Pl
APARTMENT HOUSE (UNDER 5 UNITS)

123 Milligan Pl, South Orange, NJ 07079-1928

Estimated value:
$5,685,000
9,600 sqft 0.36 AC lot
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10 Ridgewood Rd
APARTMENT HOUSE (UNDER 5 UNITS)

10 Ridgewood Rd, South Orange, NJ 07079-1555

Estimated value:
$21,765,000
69,090 sqft 0.78 AC lot
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132 Milligan Pl
APARTMENT HOUSE (UNDER 5 UNITS)

132 Milligan Pl, South Orange, NJ 07079-1929

Estimated value:
$4,455,000
5,984 sqft 0.22 AC lot
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43 Cottage St
APARTMENT HOUSE (UNDER 5 UNITS)

43 Cottage St, South Orange, NJ 07079-2236

Estimated value:
$4,145,000
8,890 sqft 0.20 AC lot
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177 Irvington Ave
APARTMENT HOUSE (UNDER 5 UNITS)

177 Irvington Ave, South Orange, NJ 07079-2264

Estimated value:
$14,245,000
55,968 sqft 1.19 AC lot
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22 Cottage St
APARTMENT HOUSE (UNDER 5 UNITS)

22 Cottage St, South Orange, NJ 07079-2235

Estimated value:
$7,845,000
17,338 sqft 0.39 AC lot
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320 Vly St
APARTMENT HOUSE (UNDER 5 UNITS)

320 Vly St, South Orange, NJ 07079-2867

Estimated value:
$12,535,000
2,322 sqft 0.59 AC lot
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171 Vose Ave
APARTMENT HOUSE (UNDER 5 UNITS)

171 Vose Ave, South Orange, NJ 07079-2044

Estimated value:
$6,615,000
36,256 sqft 0.79 AC lot
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170 Irvington Ave
APARTMENT HOUSE (UNDER 5 UNITS)

170 Irvington Ave, South Orange, NJ 07079-2263

Estimated value:
$855,000
12,102 sqft 0.19 AC lot
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56 Prospect St
APARTMENT HOUSE (UNDER 5 UNITS)

56 Prospect St, South Orange, NJ 07079-2245

Estimated value:
$4,250,000
19,260 sqft 0.48 AC lot
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52 Cottage St
APARTMENT HOUSE (UNDER 5 UNITS)

52 Cottage St, South Orange, NJ 07079-2262

Estimated value:
$6,145,000
27,593 sqft 0.50 AC lot
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116 Irvington Ave
APARTMENT HOUSE (UNDER 5 UNITS)

116 Irvington Ave, South Orange, NJ 07079-1926

Estimated value:
$5,780,000
30,960 sqft 0.39 AC lot
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107 Vose Ave
APARTMENT HOUSE (UNDER 5 UNITS)

107 Vose Ave, South Orange, NJ 07079-2011

Estimated value:
$1,560,000
6,209 sqft 0.19 AC lot
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5 Cottage St
APARTMENT HOUSE (UNDER 5 UNITS)

5 Cottage St, South Orange, NJ 07079-2260

Estimated value:
$905,000
15,978 sqft 0.31 AC lot
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120 Milligan Pl
Multifamily properties

120 Milligan Pl, South Orange, NJ 07079

Estimated value:
by Request
4,226 sqft
View details

South Orange, NJ Apartment Buildings Market Trends and Statistics

Explore 18 apartment buildings for sale in South Orange, NJ on our real estate platform.

Sale prices for two-family homes in South Orange, NJ average $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K
Population Growth (5Y) +11.5%
Median Household Income $184,769

High-Yield Neighborhoods for Investment

Identify South Orange submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07079 $1.4M

Taxes & Financing

Tax Rate (average for all types) 3.41%
Property Tax per SF $10.39 per SF
Tax Rate vs County Average 0.34 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Residential Income

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