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Multifamily Property
For Sale
$789,000

340 Central Ave, Orange, NJ 07050

A multifamily asset built in 1940, with walk, bike, and transit scores describing its surrounding mobility options.

Property SizeContact for details
Days on Market11

Property Features for 340 Central Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $19,223

Building Details

Year Built 1940
Units 3
Listing Agency: Compass NJ LLC
Listed By: DWAYNE DURHAM · License #1537965
Source: Elliman
Added: Oct 23 Changed: Oct 27 Last Checked: Nov 1 at 7:16AM

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 Compass NJ LLC

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Investment Insights

Based on property information with market context.

Built in 1940, this multifamily property is located at 340 Central Ave in City Of Orange Twp., New Jersey. Its walk score is 76, its transit score is 58, and its bike score is 47, reflecting the recorded walkability, transit, and bicycling ratings for the area.

Key Highlights

  • Built in 1940
  • Walk score of 76; transit score of 58; bike score of 47
  • Located at 340 Central Ave, City Of Orange Twp., NJ 07050‑2408

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,804
Businesses Nearby

Demographics for 07050, NJ

34,315
Population
13,412
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
2.2 sq mi
ZIP Area
15,598
Density / Sq Mi
$53,109
Median Household Income
$38,587
Median Earnings
$1,427
Median Rent
$336,200
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?
Multifamily property - A multifamily asset built in 1940, with walk, bike, and transit scores describing its surrounding mobility options.
Where is this multifamily property located?
The property is located at 340 Central Ave Orange, NJ.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Built in 1940; Walk score of 76; transit score of 58; bike score of 47; Located at 340 Central Ave, City Of Orange Twp., NJ 07050‑2408
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