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Four-Level Medical Office Space
For Lease
$25 SF/Yr

240 Central Ave, East Orange, NJ 07018

Available space can serve a range of healthcare practices within an established medical center.

Space SizeContact for details
Days on Market8

Property Features for 240 Central Ave

General Information

Standard status Active
Property subtype Commercial

Additional Details

Space Use Medical Office

Amenities

Central air
Central Air Cooling
Ductless Split AC Cooling
Flat Roof
Forced Hot Air Heating
Parking Lot-Exclusive

Building Details

Year Built 1972
Listing Agency: LIFESTYLE INTERNATIONAL REALTY
Listed By: SHANAY P. FEGINS
Source: Corcoran
Added: Sep 25 Changed: Oct 1 Last Checked: Oct 1 at 11:16AM

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 LIFESTYLE INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

Medical office space is available across four floors at Carewell Medical Center. The property dates to 1972 and has a private parking lot for patients and staff.

The space is suited to healthcare uses including physician and specialist practices, therapy, diagnostics, pain management, behavioral health, and rehabilitation. Located at 240 Central Ave in East Orange City, New Jersey, it offers a setting within an established medical center.

Key Highlights

  • Four floors of medical office space available for lease
  • Private parking lot for patients and staff
  • Built in 1972

Property Analytics

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Open Analytics

Current Use

Dr. Nina R. ... Physician Esira Beaubrun Physician Gopalkrishnan Sreepriya MD Physician Griffin John P ... Physician Dr. Jenys Allende Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility Carpet & Flooring Store Veterinary Clinic

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,329
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07018, NJ

30,429
Population
13,107
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
1.7 sq mi
ZIP Area
17,899
Density / Sq Mi
$59,039
Median Household Income
$39,630
Median Earnings
$1,410
Median Rent
$314,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • East Orange Animal Hospital — 152 Central Ave, East Orange, NJ 07018

Frequently Asked Questions

What type of property is this?
Medical Office Space - Available space can serve a range of healthcare practices within an established medical center.
Where is this medical office space located?
The property is located at 240 Central Ave East Orange, NJ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Four floors of medical office space available for lease; Private parking lot for patients and staff; Built in 1972
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