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Mixed-Use Property with Garage
For Sale
$1,100,000

15 4Th St, South Orange, NJ 07079

A two-family residence and commercial garage share a site served by municipal water and sewer.

Property SizeContact for details
Days on Market29

Property Features for 15 4Th St

General Information

Standard status Active
Property subtype Multi Family
Zoning B-B2

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $17,307

Building Details

Year Built 1996
Units 3
Listing Agency: NJ Metro Group LLC
Listed By: WILLIAM BARRAZA · License #294185
Source: Elliman
Added: Oct 7 Changed: Oct 25 Last Checked: Nov 3 at 6:14AM

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 NJ Metro Group LLC

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines a two-family house with two rental units and a commercial garage. The garage is set behind the residence and has three bays across two stories. The site also provides 15+ parking spaces, with city water and sewer service. The property was built in 1996 and is zoned B-B2.

The property is two blocks from the South Orange NYC-bound train station and is located on a dead-end road. Walk Score is 93 and Bike Score is 40.

Key Highlights

  • Two‑family house with 2 rental units
  • Rear commercial garage with 3 bays and 2 stories
  • 15+ parking spaces

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bar & Pub Carpet & Flooring Store Catering Service

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

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Demographics for 07079, NJ

18,597
Population
6,131
Households
3
Avg Household Size
34
Median Age
76%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
6,413
Density / Sq Mi
$184,769
Median Household Income
$75,829
Median Earnings
$2,067
Median Rent
$808,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A two-family residence and commercial garage share a site served by municipal water and sewer.
Where is this mixed-use property located?
The property is located at 15 4Th St South Orange, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family house with 2 rental units; Rear commercial garage with 3 bays and 2 stories; 15+ parking spaces
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