Multifamily Development Site
For Sale
Contact for pricing
Pending
49-63 South Day Street City of, Orange, NJ 07050
Multifamily development site in Orange, NJ within the Reock Redevelopment district, allowing development up to 311,000 sq. ft.
Property SizeContact for details
Days on Market123
Property Features for 49-63 South Day Street City of
General Information
Standard status
Pending
Property subtype
Land, Multifamily
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Dmitry Shaplyka · License #NJ 1433851
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 4:20PM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
This multifamily development site includes properties at 49-63 South Day Street, offered for sale by Cushman & Wakefield on an exclusive basis. The site is within the “Reock Redevelopment” district in Orange, New Jersey, with development capacity up to 311,000 square feet.
The properties are steps from the Orange Train Station. The station provides a direct line to Penn Station in Manhattan, and also a line to Hoboken with access to the PATH to Lower Manhattan and Jersey City.
Currently, one building is used by the ownership as storage and workspace for their company, and a portion is rented to a food service company on a month-to-month basis. The City of Orange has declared this neighborhood a Transit Village Center and has indicated it has been willing to work with developers in the area.
The properties are steps from the Orange Train Station. The station provides a direct line to Penn Station in Manhattan, and also a line to Hoboken with access to the PATH to Lower Manhattan and Jersey City.
Currently, one building is used by the ownership as storage and workspace for their company, and a portion is rented to a food service company on a month-to-month basis. The City of Orange has declared this neighborhood a Transit Village Center and has indicated it has been willing to work with developers in the area.
Key Highlights
- Multifamily development site at 49–63 South Day Street in Orange, NJ within the “Reock Redevelopment” district.
- Development potential up to 311,000 sq. ft. per the “Reock Redevelopment” district allowance.
- Located steps from the Orange Train Station with a direct line to Penn Station in Manhattan.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,489
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multifamily development site in Orange, NJ within the Reock Redevelopment district, allowing development up to 311,000 sq. ft.
Where is this residential land & home lot located?
The property is located at 49-63 South Day Street City of Orange, NJ.
What are key features of this property?
This property features: Multifamily development site at 49–63 South Day Street in Orange, NJ within the “Reock Redevelopment” district.; Development potential up to 311,000 sq. ft. per the “Reock Redevelopment” district allowance.; Located steps from the Orange Train Station with a direct line to Penn Station in Manhattan.
