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    Healthcare Facility in East Orange Title is generated by Realmo AI

    146 S Munn Ave, East Orange, NJ 07018

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    For Sale
    $1,215,000

    Licensed residential healthcare facility with redevelopment potential in Essex County.

    Type:Commercial
    Property size:
    5,476 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $221/SF
    Added:
    Mar 3, 2026
    Days on Market:
    103
    Last Refresh:
    Apr 5 at 9:02 pm

    Property Features for 146 S Munn Ave

    General Information

    Standard status
    Active
    Size
    5,476 SF
    Lot size
    0.44 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1912

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    Listing Contact
    CHERYL DARMANIN
    CHERYL DARMANIN

    Listing agent CHERYL DARMANIN License #111786,NEWJERSEY

    Listing office KELLER WILLIAMS - NJ METRO GROUP

    Listing date Mar 3, 2026

    Source Corcoran

    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 KELLER WILLIAMS - NJ METRO GROUP

    HighLights

    • Licensed residential healthcare facility with established occupancy and operational history.
    • Zoned for multifamily use, offering potential for adaptive reuse or redevelopment.
    • Substantial 5,476 SF building on a 0.41‑acre lot.
    • Licensed for 33‑34 residents.
    • Includes a commercial kitchen, dining area, and administrative office space.
    • Conveniently located in a densely populated area with access to public transportation.

    Overview

    This licensed residential healthcare facility is located in the R-4 Multifamily District of East Orange. The 5,476 square foot building is situated on approximately 0.41 acres. It is currently licensed for 33 to 34 residents and houses 23 occupants under annual agreements. The property includes a commercial kitchen, dining area, administrative office space, community bathrooms, an exterior fire escape, and on-site parking. The structure has a long-standing operational history with established occupancy. Zoned for multifamily use, it presents potential adaptive reuse or redevelopment opportunities, subject to municipal approvals and due diligence. The property is conveniently located in a densely populated Essex County neighborhood with access to public transportation and surrounding residential density. The intended use of the property is as a residential healthcare facility.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $164.3k $30.00
    − Vacancy −$11.2k −$2.04
    EGI $153.1k $27.96
    − OpEx −$68.9k −$12.58
    NOI $84.2k $15.38
    5,476 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,210 @ 7.0% cap · market cap 6.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,093 @ 7.0% cap · market cap 8.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sterling Manor Home Nursing Home

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sterling Manor Home — 146 S Munn Ave, East Orange, NJ 07018
    • Haven Mano rresidential — 51 Lincoln St, East Orange, NJ 07017
    • Bishop Taylor, a UMC Community — 33 N Walnut St, East Orange, NJ 07017
    • Happy Days Adult Health Care — 67 S Munn Ave, East Orange, NJ 07018
    • Chestnut Manor — 97 Chestnut St, East Orange, NJ 07018

    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2149
    Latitude
    40.7501

    FAQs

    What type of property is this?
    Assisted living facility - Licensed residential healthcare facility with redevelopment potential in Essex County.
    Where is this assisted living facility located?
    The property is located at 146 S Munn Ave East Orange, NJ.
    What is the asking price?
    The asking price for this property is $1,215,000.
    What are key features of this property?
    This property features: Licensed residential healthcare facility with established occupancy and operational history.; Zoned for multifamily use, offering potential for adaptive reuse or redevelopment.; Substantial 5,476 SF building on a 0.41‑acre lot.
    More about this property
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