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Property profile

0 Park Ct East Orange, NJ 07017

OFF-MARKET
Land
1,500 SF 1 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 1-acre industrial property, located in Suburban North New Jersey's I-280 WESTBOUND EAST ORANGE submarket cluster, offers 43,056 square feet of flexible space ideal for contractors. The property, situated on Park Ave. and Park Street in Essex County, features a 1-story, 1,500 square foot building constructed in 1940, with an 8-foot ceiling height and a 24-foot frontage. The site includes 50 total parking spaces, making it suitable for various uses. The property is divisible into smaller lots, offering flexibility for tenants. Currently vacant, the entire 43,056 square feet is available for lease. Features include a mechanic's shop with two lifts, 25 individual garages, and ample space for 20' trailers, providing convenient access to Port Newark and Port Elizabeth. The lot is compact, gravel-surfaced, fenced, and well-lit, offering a secure environment. Its location provides easy access to I-280 and the Garden State Parkway. The property is zoned Industrial and boasts a building floor area ratio (FAR) of 0.1. This quiet, tree-lined cul-de-sac location offers a unique blend of accessibility and tranquility. The property straddles East Orange and Orange, NJ.

Property profile

Verified
Property type Land
Year built 1940
Total area 1,500 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Park Ct East Orange, NJ 07017
East Orange metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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