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    505 Dr Martin Luther King Jr Blvd East Orange, NJ

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    For Lease
    Contact for pricing

    Retail space adjacent to Brick Church Station and parking garage.

    Property size:
    1,516 SF
    Lot size:
    9.21 Acres

    Property Features for 505 Dr Martin Luther King Jr Blvd

    General Information

    Size
    1,516 SF
    Lot size
    9.21 Acres

    Source: RIPCO Real Estate - New Jersey Agent Jake Frantzman

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

    Overview

    Retail Space Near Brick Church

    This retail space is part of a mixed-use development that includes 820 residential units. The property is located adjacent to Brick Church Station, which features a 1,200-car parking garage. The area is experiencing significant development, with $1 billion in active and pipeline projects. A high-volume ShopRite serves as an anchor tenant. The location offers immediate access to Route 280. According to data, 20-26% of shoppers enter Brick Church on foot. The landlord will secure a liquor license. The property offers 1,516 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2120629
    Latitude
    40.7725485

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    FAQs

    What type of property is this?
    Retail space - Retail space adjacent to Brick Church Station and parking garage.
    Where is this retail space located?
    The property is located at 505 Dr Martin Luther King Jr Blvd East Orange, NJ.
    What are key features of this property?
    This property features: - High volume ShopRite anchor; - Adjacent to Brick Church Station with 1,200 car parking garage; - Immediate access to Route 280
    (201) 777-2300
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    505 Dr Martin Luther King Jr Blvd East Orange, NJ
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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
    505 Dr Martin Luther King Jr Blvd East Orange, NJ
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