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    451 Springdale Ave East Orange, NJ 07017

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    For Sale
    $1,775,000

    Mixed-use building featuring apartments and a retail space.

    Lot size:
    0.15 Acres

    Property Features for 451 Springdale Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    9999

    Source: HOMEQUEST REALTY GROUP LLC Agent RACHELE JEANLOUIS

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

    Overview

    Mixed-Use Building with Retail Space

    This two-story, all-brick mixed-use building features seven apartments and a retail space currently rented as a convenience store. The apartments include six two-bedroom units and one three-bedroom unit, each with one full bath. The residences offer ample living space and have been renovated to align with modern living concepts. The kitchens are equipped with stainless steel appliances and flow into spacious living and dining areas. Each unit also features central air conditioning. Located in the East Orange neighborhood with high foot traffic and convenient access to major transportation services, this building is a strong income-producing asset.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medina Supermarket Supermarket

    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
    -74.208653
    Latitude
    40.77391

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring apartments and a retail space.
    Where is this mixed-use property located?
    The property is located at 451 Springdale Ave East Orange, NJ.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - Strong income-producing asset with a lucrative, currently rented retail space.; - Seven spacious apartments, including six 2-bedroom and one 3-bedroom unit, all renovated with modern living concepts.; - Stainless steel appliances in each kitchen.
    (973) 337-5170
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    451 Springdale Ave East Orange, NJ 07017
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    East Orange, NJ 07017
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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
    451 Springdale Ave East Orange, NJ 07017
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