Flex Space with Oversized
For Sale
$1,800,000
419-425 Valley St, Orange, NJ 07050
Two commercial lots combine covered work areas, office space, and open storage for contractor-oriented operations.
Property Size5,500 SF
Lot Size0.36 Acres
Price / SF$327.27
Days on Market59
Property Features for 419-425 Valley St
General Information
Standard status
Active
Size
5,500 SF
Lot size
0.36 Acres
Building Details
Year Built
1931
Listing Agency:
TOP CHOICE REALTY NETWORK
Listed By:
LEONEL BEXIGA · License #239204
(908) 768-2252
Source:
Goldstandardrealty
Added: Aug 16
Changed: Oct 4
Last Checked: Oct 7 at 5:28PM
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 TOP CHOICE REALTY NETWORK
Investment Insights
Based on property information with market context.
This flex property includes two lots sold together, with 5,500 sq ft of covered space, office area, four oversized garage spaces, and 10,200 sq ft of open space. The layout supports contractor, trade, storage, and related commercial operations, with room for trucks and vans. Each garage may be rented separately.
Two garages measure 25 by 60 and have 17ft high ceilings. The other two measure 25 by 50 and feature overhead doors measuring 15 ft W by 10 1/2 ft H. The property is identified as being within a Redevelopment Zone and can also be used in its current configuration.
The combined lots measure 8,271 sf and 7,419 sf, with each lot measuring 50 feet wide. The property at 419-425 Valley St is within 600 feet of the Highland Ave NJ Train station.
Two garages measure 25 by 60 and have 17ft high ceilings. The other two measure 25 by 50 and feature overhead doors measuring 15 ft W by 10 1/2 ft H. The property is identified as being within a Redevelopment Zone and can also be used in its current configuration.
The combined lots measure 8,271 sf and 7,419 sf, with each lot measuring 50 feet wide. The property at 419-425 Valley St is within 600 feet of the Highland Ave NJ Train station.
Key Highlights
- Two lots sold together: 8,271 sf and 7,419 sf
- 5,500 sq ft of covered space plus 10,200 sq ft of open space
- Four oversized garage spaces with office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,507
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,140
$1.8M
Cap Rate 7%
$1,250,100
$1.3M
Cap Rate 9%
$972,300
$972.3K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$143.2K $26.04/SF
− Vacancy
−$8.6K −$1.56/SF
EGI
$134.6K $24.48/SF
− OpEx
−$47.1K −$8.57/SF
NOI
$87.5K $15.91/SF
Area
Essex County, NJ
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,140
Cap Rate 7%
$1,250,100
Cap Rate 9%
$972,300
Alternative Uses
Best Use
Flex RnD
$1.25M
$1.09M – $1.46M
NOI $87,507 @ 7.0% cap · market cap 4.86%
Second Best
Warehouse
$1.09M
$956.6K – $1.28M
NOI $76,529 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,531 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Two commercial lots combine covered work areas, office space, and open storage for contractor-oriented operations.
Where is this flex space located?
The property is located at 419-425 Valley St Orange, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two lots sold together: 8,271 sf and 7,419 sf; 5,500 sq ft of covered space plus 10,200 sq ft of open space; Four oversized garage spaces with office area
