Three-Story Office
New
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 Market5
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
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
Listing Agency:
Better Homes and Gardens Real Estate Maturo
Listed By:
Lauren Talvet
(856) 316-0777
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 19 at 7:06PM
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.
Investment Insights
Based on property information with market context.
Built in 1876, this three-story office property contains 8 separate office spaces, an unfinished basement, and an on-site parking lot. The building features aluminum siding, forced-air heating, and a combination of central air and window-unit cooling. The property and parking lot are offered as-is.
Located at 47 Park Avenue in West Orange, the building is near Route 280, the Garden State Parkway, and public transportation with access toward New York City. All tenants are currently on month-to-month leases, and the property is fully leased. The reported cap rate is 6.23%.
Located at 47 Park Avenue in West Orange, the building is near Route 280, the Garden State Parkway, and public transportation with access toward New York City. All tenants are currently on month-to-month leases, and the property is fully leased. The reported cap rate is 6.23%.
Key Highlights
- Three‑story office building constructed in 1876
- 8 separate office spaces
- 0.21‑acre property with an on‑site parking lot
Property Analytics
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Current Use
Lease Details
8
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,526
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with on-site parking, an unfinished basement, and access to regional highways and public transportation.
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 office building constructed in 1876; 8 separate office spaces; 0.21‑acre property with an on‑site parking lot
