East Orange Multifamily Investment
For Sale
Contact for pricing
214 Glenwood Avenue, East Orange, NJ 07017
45-unit apartment building near transit and employment centers.
Property Size70,520 SF
Price / SF$108.48
Days on Market108
Property Features for 214 Glenwood Avenue
General Information
Standard status
Active
Size
70,520 SF
Property subtype
Multifamily
Building Details
Year Built
1940
Buildings
1
Units
37
Listing Agency:
Hudson Atlantic Realty
Listed By:
Adam Zweibel · License #1326852
Source:
Crexi
Added: May 18
Changed: Aug 25
Last Checked: Sep 1 at 9:41AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Explore this area
Business Placement
Demographics for 07017, NJ
39,054
Population
16,770
Households
2.3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
2.3 sq mi
ZIP Area
16,980
Density / Sq Mi
$61,552
Median Household Income
$39,847
Median Earnings
$1,346
Median Rent
$316,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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 $7,650,000.
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.
