50 Park Ave East Orange, NJ 07017-5244
Property profile & analytics
50 Park Ave East Orange, NJ 07017-5244
- Gas stations
- 1,918 SF
- 0.21 lot acres
Property ID
US59-0212743
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Park Avenue Auto Clinic / Auto Repair Shop
Property Details for 50 Park Ave
- Year built
- 1960
- Lot size
- 0.21 lot acres
- Property size
- 1,918 SF
- Property type
- Gas stations
- APN
- 05 00073-0000-00001
- APU
- 500073000000001
Description
This prime East Orange, NJ commercial property, located at 50 Park Ave, offers a unique investment opportunity. The 13,500 square foot lot, zoned Commercial 4A, currently houses an automobile repair shop generating steady income. Situated on a bustling corner lot at the intersection of Park Ave and N 16th Street, this property boasts high visibility and significant foot and vehicle traffic. The property includes two adjacent lots, providing ample space for expansion or redevelopment. Plans are underway to secure a residential permit for a 16-unit building, capitalizing on the area's growing housing demand. Built in 1931, this property presents a versatile opportunity for various businesses, from retail to office space, or continued use as an automotive facility. Its strategic location in a thriving East Orange community, coupled with its redevelopment potential, makes this a compelling investment for those seeking immediate income and long-term growth. The property's APN is 0500073000000001. The asking price is $999,000. This is a for sale by owner listing.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $970,000
- ML approach
- $945,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1953
- Latitude
- 40.7623
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,058
$144,000
$133,300
$277,300
-
$144,000
$133,300
$277,300
