East Orange Retail Investment
41-45 N Clinton #ST1-7 East Orange, NJ 07017
41-45 N Clinton #ST1-7, East Orange, NJ, 07017
$1,599,000
For Sale
$1,599,000
Fully leased retail storefronts in high-traffic East Orange location.
Property Size5,160 SF
Price / SF$309.88
Days on Market271
Property Features for 41-45 N Clinton #ST1-7
General Information
- Standard status
- Active
- Size
- 5,160 SF
- Property subtype
- Commercial
Listing Agency
NEXTHOME PRIME
(201) 630-0025
Listed by
LIONEL CRUZ · License #0681239,PersonLicenseNumber
Source
Corcoran
Added: Oct 21, 2025 Checked: Jul 17 at 2:34 am
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 NEXTHOME PRIME
Investment Insights
Based on property information with market context.
This commercial investment opportunity is located in East Orange, NJ, on North Clinton Street, a high-traffic area with excellent visibility and easy access to major highways and public transportation. The building spans approximately 5,160 sq. ft. and features seven fully leased retail storefronts. The property offers consistent, reliable income from long-term tenants. This income-producing property is located in a thriving commercial corridor undergoing growth and redevelopment.
Key Highlights
- Prime location in a high‑traffic area of East Orange, NJ, with excellent visibility.
- Consistent, reliable income from seven fully leased retail storefronts.
- Approximately 5,160 sq. ft. commercial building.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.5k | $21.60 |
| − Vacancy | −$6.2k | −$1.21 |
| EGI | $105.2k | $20.39 |
| − OpEx | −$31.6k | −$6.12 |
| NOI | $73.7k | $14.27 |
5,160 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.05M
$920.6K – $1.23M
NOI $73,650 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,317 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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Similar Off Market Nearby
- Lilies Bloom — 51 N Walnut St, East Orange, NJ 07017
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FAQs
What type of property is this?
Storefront property - Fully leased retail storefronts in high-traffic East Orange location.
Where is this storefront property located?
The property is located at 41-45 N Clinton #ST1-7 East Orange, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Prime location in a high‑traffic area of East Orange, NJ, with excellent visibility.; Consistent, reliable income from seven fully leased retail storefronts.; Approximately 5,160 sq. ft. commercial building.
