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Multi-Level Retail Center
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495 Prospect Ave, West Orange, NJ 07052

Newly renovated multi-level shopping center with façade upgrades and expanded pylon and directional signage.

Property Size38,230 SF
Days on Market467

Property Features for 495 Prospect Ave

General Information

Standard status Active
Size 38,230 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 336,160 SF
Listing Agency: Katz & Associates - Corporate
Listed By: Amy Staats
Source: Moodyscre
Added: Apr 21, 2025 Changed: Jul 29 Last Checked: Jul 30 at 8:00AM

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 Katz & Associates - Corporate

Investment Insights

Based on property information with market context.

Essex Green Town Center is a multi-level shopping center designed for retail storefront tenants, with newly renovated improvements including façade upgrades and pylon and directional signage. The center’s overall community center footprint is 336,160 SF.

The property is located in a densely populated submarket and provides convenient access from Route 280 and Mount Pleasant Avenue. Surrounding office space totals 620K+ SF and includes employers such as RWJ Barnabas Health, Shahinian & Giantomasi PC, and Chiesa. The center is also near the West Orange Public Library and several large multi-family developments.

Key Highlights

  • 336,160 SF multi‑level community center in Essex Green Town Center
  • Newly renovated improvements include facade upgrades and expanded pylon and directional signage
  • Located with easy access from Route 280 and Mount Pleasant Avenue

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Spa & Massage Center Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 39% Hotels & Casinos 4%
Panera Bread Dining
29,225 visits/mo 0.1 miles
Starbucks Dining
23,695 visits/mo 0.2 miles
Five Below Shops & Services
22,627 visits/mo 0.1 miles
Petco Shops & Services
19,424 visits/mo 0.1 miles
TGI Fridays Dining
11,679 visits/mo 0.1 miles

Demographics for 07052, NJ

48,867
Population
18,300
Households
2.7
Avg Household Size
42
Median Age
53%
College-Educated
92%
High-School Grad
12.0 sq mi
ZIP Area
4,072
Density / Sq Mi
$131,456
Median Household Income
$63,458
Median Earnings
$1,791
Median Rent
$527,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Essex Green Shopping Center — 495 Prospect Ave, West Orange, NJ 07052

Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated multi-level shopping center with façade upgrades and expanded pylon and directional signage.
Where is this shopping center located?
The property is located at 495 Prospect Ave West Orange, NJ.
What are key features of this property?
This property features: 336,160 SF multi‑level community center in Essex Green Town Center; Newly renovated improvements include facade upgrades and expanded pylon and directional signage; Located with easy access from Route 280 and Mount Pleasant Avenue
(201) 731-8494 Call to check price and availability
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