East Orange Multifamily Investment
214 Glenwood Avenue East Orange, NJ 07017
214 Glenwood Avenue, East Orange, NJ, 07017
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For Sale
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45-unit apartment building near transit and employment centers.
Property Size70,520 SF
Price / SF$116.28
Days on Market63
Property Features for 214 Glenwood Avenue
General Information
- Standard status
- Active
- Size
- 70,520 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing Agency
Hudson Atlantic Realty
Listed by
Adam Zweibel · License #1326852
Source
Crexi
Added: May 18 Checked: Jul 16 at 12:08 pm
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 Hudson Atlantic Realty
Investment Insights
Based on property information with market context.
The Glenwood is a five-story, 45-unit mid-rise apartment community featuring a mix of one, two, and three-bedroom units. The property exhibits classic architectural charm, including arched hallways and high ceilings. An elevator, on-site laundry facilities, parking, and 24-hour access are among the practical amenities available. The units feature hardwood floors, spacious bedrooms, and eat-in kitchens with essential appliances. The property offers a value-add opportunity through strategic unit renovations and operational efficiencies to drive rental growth. Located in East Orange, Essex County, the property provides access to regional transit and key employment centers. The East Orange and Brick Church stations are approximately a 5-minute drive away, offering NJ Transit service with direct connections to Newark and New York Penn Station in about 35 minutes. The surrounding neighborhood provides access to retail corridors, grocery stores, dining options, and local parks. Major employers such as Seton Hall University, East Orange VA Medical Center, University Hospital, and Panasonic are within a short commute, supporting tenant demand and long-term occupancy. The property size is 70520 square feet.
Key Highlights
- Prime Location: Ideally situated in East Orange, Essex County, with easy access to regional transit, retail, grocery stores, dining, and local parks.
- Convenient Commute: Direct NJ Transit access to Newark and NYC Penn Station in approximately 35 minutes from nearby East Orange and Brick Church stations.
- Diverse Unit Mix: Offers a variety of one, two, and three‑bedroom units appealing to a broad tenant base.
Property Analytics
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FAQs
What type of property is this?
Apartment building - 45-unit apartment building near transit and employment centers.
Where is this apartment building located?
The property is located at 214 Glenwood Avenue East Orange, NJ.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Prime Location: Ideally situated in East Orange, Essex County, with easy access to regional transit, retail, grocery stores, dining, and local parks.; Convenient Commute: Direct NJ Transit access to Newark and NYC Penn Station in approximately 35 minutes from nearby East Orange and Brick Church stations.; Diverse Unit Mix: Offers a variety of one, two, and three‑bedroom units appealing to a broad tenant base.
