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Victorian Office Building
For Sale
$950,000

47 PARK Avenue, West Orange, NJ 07052

Commercial Sale, WEST ORANGE, NJ

Property SizeContact for details
Lot Size0.21 Acres
Days on Market51

Property Features for 47 PARK Avenue

General Information

Property type Other
Property subtype Office
Parking 13
Parking features Parking Lot
Elementary school district WEST ORANGE SCHOOLS
Middle school district WEST ORANGE SCHOOLS
High school district WEST ORANGE SCHOOLS
Standard status Active
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Annual Amount 17300

Utilities

Heating system Forced Air
Cooling system Window Unit(s), Central Air

Building Details

Year built 1876
Building materials Aluminum Siding
Buildings 1
Listing Agency: Better Homes and Gardens Real Estate Realty Connect
Listed By: Lauren Talvet
Added: Sep 15 Changed: Oct 23 Last Checked: Nov 4 at 6:06AM
MLS# NJES2000388

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This three-story Victorian-style office property contains eight separate office spaces and an unfinished basement. Aluminum siding, forced-air heating, and a mix of central air and window-unit cooling serve the building. The property is offered as-is, with a parking lot on the 0.21-acre site.

All eight office spaces are occupied under month-to-month arrangements. Several tenants have indicated interest in continuing their occupancy under longer leases, while the current terms allow flexibility for a purchaser considering a combination of occupancy and rental income. The building dates to 1876 and is positioned at the corner of Park Avenue and Main Street in West Orange, near Route 280, the Garden State Parkway, and public transportation.

Key Highlights

  • Three‑story Victorian‑style office building with 8 separate office spaces
  • 0.21‑acre site with an on‑site parking lot
  • Unfinished basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Catering Service Acupuncture Skin Care Clinic Florist Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

8
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,526
Businesses Nearby

Demographics for 07052, NJ

48,867
Population
18,300
Households
2.7
Avg Household Size
42
Median Age
53%
College-Educated
92%
High-School Grad
12.0 sq mi
ZIP Area
4,072
Density / Sq Mi
$131,456
Median Household Income
$63,458
Median Earnings
$1,791
Median Rent
$527,200
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

Frequently Asked Questions

What type of property is this?
Office building - Eight office suites, existing occupants, and an on-site parking lot support both investment and owner-occupant use.
Where is this office building located?
The property is located at 47 PARK Avenue West Orange, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑story Victorian‑style office building with 8 separate office spaces; 0.21‑acre site with an on‑site parking lot; Unfinished basement
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