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South Orange Mixed-Use Corner Gem
For Sale
$1,350,000

101 2nd St, South Orange, NJ 07079

Mixed-use building with renovated apartments and office storefronts near NYC transit.

Property SizeContact for details
Days on Market450

Property Features for 101 2nd St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $20,082

Building Details

Year Built 1900
Listing Agency: WEICHERT REALTORS
Listed By: DONNA LERNER
Source: Corcoran
Added: May 30, 2025 Changed: Mar 16 Last Checked: Aug 21 at 10:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This mixed-use building is located in the heart of South Orange Village, steps from the South Orange train station with NYC Midtown Direct lines to NY Penn Station, shopping, restaurants, and coffee shops. The property features 4 fully leased residential units, renovated to the studs in 2016 with new plumbing, electrical, and mechanical systems. These apartments offer natural light, solid hardwood floors, cherry kitchen cabinets, stainless steel appliances, thermal windows, and central air. Below the apartments are 3 office storefronts, renovated in 2024. Each office includes a private half bath and a ductless split system. The offices are vacant and turnkey. The property is ideal for investors seeking rental income with office upside, or owner-users ready to establish a business in a vibrant, walkable downtown. The property is zoned for productivity and is located in a neighborhood where amenities are easily accessible.

Key Highlights

  • 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.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Catering Service Carpet & Flooring Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,551
Businesses Nearby

Demographics for 07079, NJ

18,597
Population
6,131
Households
3
Avg Household Size
34
Median Age
76%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
6,413
Density / Sq Mi
$184,769
Median Household Income
$75,829
Median Earnings
$2,067
Median Rent
$808,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with renovated apartments and office storefronts near NYC transit.
Where is this mixed-use property located?
The property is located at 101 2nd St South Orange, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 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.
More about this property
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