East Orange Mixed-Use Investment
416 Park Avenue, Newark, NJ 07107
Mixed-use building with retail, residential, and redevelopment potential.
Type:MU
Property size:
5,250 SFLot size:
0.14 AcresPrice / SF:
$142/SF- Added:
- May 22, 2025
- Days on Market:
- 375
- Last Refresh:
- Apr 3 at 5:00 am
Property Features for 416 Park Avenue
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Lot size
- 0.14 Acres
- Property subtype
- MU
Building Details
- Year Built
- 1915
Listing agent Cheryl Darmanin License #111786, New Jersey (917) 696-0802
Listing office KW Commercial | Montclair, NJ | Cheryl Darmanin (917) 696-0802
Listing date May 22, 2025
Source Realnex
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 KW Commercial | Montclair, NJ | Cheryl Darmanin
HighLights
- Prime mixed‑use property in East Orange's Park Avenue corridor with redevelopment potential.
- Excellent transit connectivity to Manhattan via nearby NJ Transit Brick Church and East Orange stations.
- Features two retail storefronts, two residential apartments, three garages, and on‑site parking.
- Mixed‑use zoning allows for commercial and residential uses.
- Building size ±5,250 SF on a ±6,250 SF lot.
- Offered at $825,000.
Overview
This mixed-use property at 416-418 Park Avenue in East Orange, NJ, presents an investment opportunity in the growing Park Avenue corridor. The brick building, constructed in 1915, has approximately 5,250 square feet of space on a 6,250 square foot lot. The property is configured with two ground-floor retail storefronts, two residential apartments above, three detached garages, and on-site parking. The mixed-use zoning allows for a combination of commercial and residential uses, offering potential for redevelopment, subject to city approvals. The property is located within walking distance of NJ Transit's Brick Church and East Orange stations, providing connectivity to Manhattan and regional hubs. The surrounding area features active redevelopment, retail growth, and municipal investment initiatives. The property is being sold in As-Is condition.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1936435
- Latitude
- 40.7609479
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with retail, residential, and redevelopment potential.
Where is this mixed-use property located?
The property is located at 416 Park Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime mixed‑use property in East Orange's Park Avenue corridor with redevelopment potential.; Excellent transit connectivity to Manhattan via nearby NJ Transit Brick Church and East Orange stations.; Features two retail storefronts, two residential apartments, three garages, and on‑site parking.
