Redevelopment Opportunity in East
For Sale
$2,200,000
622-628 Central, East Orange, NJ 07018
Two combined lots ideal for redevelopment in East Orange.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market184
Property Features for 622-628 Central
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial
Listing Agency:
RE/MAX Properties Plus
(201) 857-8777
Listed By:
Marina Lazareva () · License #1861773
(917) 518-2132
Source:
Fortuneluxuryrealty
Added: Mar 10
Changed: Sep 8
Last Checked: Sep 8 at 3:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties Plus
Investment Insights
Based on property information with market context.
An opportunity exists in the redevelopment zone on a major thoroughfare in East Orange. Two lots, 622-628 Central Ave and 630-34 Central Ave, are being sold together as Block 712, Lots 2 and 2.03. Lot 2 measures 9,039 square feet, and Lot 2.03 measures 5,087 square feet, resulting in a combined area of 14,126 square feet. The property is located in the Transit Village Area-Redevelopment Plan, with Use/Bulk Requirements for Central Ave. Commercial, CAC Zoned CAE/CAC. The property is proposed ideal for redevelopment to obtain 32 residential units and ground floor 4 commercial units. Building height/stories: 5 stories/65 feet. A survey is available in the documents.
Key Highlights
- Located in a redevelopment zone on a major thoroughfare in East Orange.
- Two lots being sold together, totaling 14,126 S.F.
- Ideal for redevelopment to obtain 32 residential units and 4 commercial units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,324
Businesses Nearby
Explore this area
Business Placement
Demographics for 07018, NJ
30,429
Population
13,107
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
1.7 sq mi
ZIP Area
17,899
Density / Sq Mi
$59,039
Median Household Income
$39,630
Median Earnings
$1,410
Median Rent
$314,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two combined lots ideal for redevelopment in East Orange.
Where is this commercial land located?
The property is located at 622-628 Central East Orange, NJ.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Located in a redevelopment zone on a major thoroughfare in East Orange.; Two lots being sold together, totaling 14,126 S.F.; Ideal for redevelopment to obtain 32 residential units and 4 commercial units.
