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    321 Elmwood Ave, Unit B East Orange, NJ 07018

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    For Lease
    $30,000

    Newly renovated retail space with office, high ceilings, and exposure.

    Property size:
    2,324 SF
    Lot size:
    0.07 Acres

    Property Features for 321 Elmwood Ave

    General Information

    Size
    2,324 SF
    Lot size
    0.07 Acres

    Building Details

    Year built
    9999

    Source: WEICHERT REALTORS Agent KEITH WINTERS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space with Exposure

    This is a brand new, renovated corner commercial retail building completed in 2023. The space, approximately 1000 square feet including 225 square feet of office space, features new exterior and interior finishes. It includes two storefront doors, two full baths, and high ceilings, creating a bright interior. On-street parking is available. An attached garage is available for a separate rent amount. The tenant is responsible for obtaining a Certificate of Occupancy for their intended use. Another unit is also available for rent, and the entire building is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2273233
    Latitude
    40.7559237

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    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space with office, high ceilings, and exposure.
    Where is this retail space located?
    The property is located at 321 Elmwood Ave, Unit B East Orange, NJ.
    What are key features of this property?
    This property features: - Brand new 2023 renovated corner commercial retail building with high exposure.; - Approximately 1000SF of space including 225SF of office space.; - Two storefront doors and two full baths.
    (973) 994-4884
    Request Owner's contact information
    321 Elmwood Ave, Unit B East Orange, NJ 07018
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    East Orange, NJ 07018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Elmwood Ave, Unit B East Orange, NJ 07018
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