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    207 Tremont Ave East Orange, NJ 07018

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    For Sale
    $749,000

    Renovated two-family with commercial space suitable for a restaurant.

    Lot size:
    0.05 Acres

    Property Features for 207 Tremont Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1920

    Source: PREMIUMONE REALTY Agent DANIEL MORADI

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

    Overview

    Renovated Mixed-Use Property For Sale

    This is a vacant, renovated two-family property with a commercial space on the street level, suitable for a restaurant. The location is across from a house of prayer and a school. Units 1 and 2 each feature 3 bedrooms, a living room/dining room, a large eat-in kitchen, and a full bathroom. Heat is provided by steam radiators. Unit 2 also includes a smaller 4th bedroom. Each unit has a balcony at the rear of the building. The commercial space is equipped for a restaurant, including a kitchen area, ample customer dining space, and 2 half baths. Central air conditioning and heat are installed in the commercial space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -74.226875
    Latitude
    40.751236

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated two-family with commercial space suitable for a restaurant.
    Where is this mixed-use property located?
    The property is located at 207 Tremont Ave East Orange, NJ.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Renovated 2-family property with street-level commercial space suitable for a restaurant.; - Commercial space is equipped with a kitchen, customer dining area, 2 half baths, and central A/C and heat.; - Units 1 & 2 each feature 3 spacious bedrooms, living/dining room, eat-in kitchen, and full bathroom.
    (908) 445-5546
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    207 Tremont Ave 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
    207 Tremont Ave East Orange, NJ 07018
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