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    278 Day St City of Orange, NJ 07050

    Sponsored
    For Sale
    Contact for pricing

    0.14-acre lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.14-acre commercial land parcel, located at 278 North Day Street in the City of Orange, Essex County, New Jersey (zip code 07050), presents a unique investment opportunity. The property, identified as Block 1006, Lot 18, is fully fenced and zoned for commercial use. Its convenient location offers easy access to major transportation routes, making it highly attractive for a variety of businesses. The 2024 property taxes are $3,469.84. Given its size and zoning, this land is perfectly suited for a number of commercial ventures. Potential uses include, but are not limited to, auto dealerships, car, bus, or truck parking facilities, outdoor storage, or an equipment yard. The property's flat terrain and readily available utilities further enhance its development potential. This is a rare opportunity to acquire a well-situated commercial lot in a thriving New Jersey community. Serious inquiries are encouraged. Latitude and longitude coordinates are 40.7791277, -74.2244669 respectively.

    Property Features for 278 Day St

    General Information

    Property type
    Land
    Lot Size
    6,098 SF

    HighLights

    • ±0.14‑acre vacant land parcel (Block 1006, Lot 18)
    • Fully fenced property
    • 2024 Taxes: $3,469.84
    • Commercially zoned
    • Suitable for auto dealership, vehicle parking, outdoor storage, or equipment yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lele's Used Cars Used Car Dealer

    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
    City of Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2244669
    Latitude
    40.7791277

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    FAQs

    What type of property is this?
    Land - 0.14-acre lot, ideal for various uses.
    Where is this land located?
    The property is located at 278 Day St City of Orange, NJ.
    What are key features of this property?
    This property features: ±0.14-acre vacant land parcel (Block 1006, Lot 18); Fully fenced property; 2024 Taxes: $3,469.84
    (973) 379-6644
    Request Owner's contact information
    278 Day St City of Orange, NJ 07050
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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
    278 Day St City of Orange, NJ 07050
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