Approved Residential Development
For Sale
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57 N Day St City of, Orange, NJ 07050
Approved 97-unit residential building project with parking.
Property Size152,788 SF
Price / SF$27.82
Days on Market648
Property Features for 57 N Day St City of
General Information
Standard status
Active
Size
152,788 SF
Total Parking Spaces
106
Property subtype
Land
Zoning
North Main Street Redevelopment Plan
Listing Agency:
Grid Real Estate LLC
(973) 610-5145
Listed By:
Gregory Edgell · License #NJ 1541991
Source:
Crexi
Added: Nov 1, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:30AM
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 Grid Real Estate LLC
Investment Insights
Based on property information with market context.
The property features an approved project for a 6-story building comprising 97 residential units, complemented by 106 on-site parking spaces. The design incorporates a 65-parking-space covered garage on the ground floor, along with a reception area, common lounge, lobbies, and elevator and stair access to the upper levels. The second floor includes a screening room, amenity spaces, and a 41-parking-space covered garage. The second through sixth floors will house market-rate residential units, consisting of 17 studio units, 24 one-bedroom units, 35 two-bedroom units, and 21 three-bedroom units. The gross building square footage is 152,788. The construction type is 4 over 2. The project is designed for building efficiency, ample amenity space, and location.
Key Highlights
- Approved project for a 6‑story building with 97 residential units.
- Includes 106 on‑site parking spaces.
- Diverse unit mix: studio, one‑bedroom, two‑bedroom, and three‑bedroom units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,240
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 - Approved 97-unit residential building project with parking.
Where is this residential land & home lot located?
The property is located at 57 N Day St City of Orange, NJ.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Approved project for a **6‑story building with 97 residential units**.; Includes **106 on‑site parking spaces**.; Diverse unit mix: studio, one‑bedroom, two‑bedroom, and three‑bedroom units.
