622-634 Central Ave East Orange, NJ 07018
Two lots for redevelopment in East Orange's redevelopment zone.
Source: RE/MAX Properties Plus
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Redevelopment Opportunity in East Orange
This offering presents a redevelopment opportunity in the City of East Orange, situated in a redevelopment zone on a major thoroughfare. The sale includes two lots, identified as Block 712, Lots 2 and 2.03, which must be purchased together. Lot 2 encompasses 9,039 square feet, while Lot 2.03 comprises 5,087 square feet, resulting in a combined area of 14,126 square feet. The property offers the option to renovate the existing buildings or construct new ones. According to the Transit Village Area-Redevelopment Plan, the property is zoned CAE/CAC under the Central Ave. Commercial (CAC) designation. A proposed redevelopment plan suggests the potential for constructing 32 residential units along with 4 commercial units on the ground floor, with a building height of 5 stories or 65 feet. A survey is available in the provided documents.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.225364
- Latitude
- 40.762223
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Two lots for redevelopment in East Orange's redevelopment zone.
Where is this land located?
The property is located at 622-634 Central Ave East Orange, NJ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: - Located in a redevelopment zone on a major thoroughfare.; - Two lots totaling 14,126 S.F. being sold together.; - Zoned CAE/CAC, ideal for redevelopment.