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    57 Washington St East Orange City East Orange, NJ 07017

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    For Sale
    $1,300,000

    Commercial property in revitalizing neighborhood, ideal for retail or office.

    Property size:
    4,100 SF

    Property Features for 57 Washington St East Orange City

    General Information

    Standard status
    Active
    Size
    4,100 SF

    Building Details

    Year built
    1910

    Source: EXIT PLATINUM REALTY Agent JASON BOBB

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Orange Commercial Property For Sale

    Located on Washington Street, this commercial property is situated in a community-oriented, residential neighborhood experiencing revitalization. The location is well-connected to public transportation, with NJ Transit bus and train stations minutes away, making it accessible for businesses that rely on foot traffic or customers who use public transportation. The property is zoned for commercial use, offering flexibility for various business types, including retail, office, or light industrial. The zoning may also allow for mixed-use development. The neighborhood hosts community events such as farmers markets and parades. Compared to neighboring cities like Newark and Montclair, East Orange offers competitive commercial rental rates. The property size is 4100 square feet. It is an excellent spot for service-based businesses like cafes, small retail, or office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Love & Randall Insurance Attorney Hasan Rashidah Attorney

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2192907
    Latitude
    40.7712569

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    FAQs

    What type of property is this?
    Retail space - Commercial property in revitalizing neighborhood, ideal for retail or office.
    Where is this retail space located?
    The property is located at 57 Washington St East Orange City East Orange, NJ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime location on Washington Street with high visibility.; - Versatile commercial zoning allows for retail, office, light industrial, or mixed-use development.; - Competitive commercial rental rates compared to Newark and Montclair.
    (973) 746-4777
    Request Owner's contact information
    57 Washington St East Orange City East Orange, NJ 07017
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    East Orange, NJ 07017
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    57 Washington St East Orange City East Orange, NJ 07017
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