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    543 Central Ave East Orange, NJ 07018

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    543 Central Ave East Orange, NJ 07018


    • Drug stores
    • 10,209 SF
    • 1.01 lot acres
    East Orange Retail Spaces Available For Lease
    $2,840,000
    10,121 SF

    East Orange Retail Spaces Available

    Retail spaces available, ranging from 2,500 to 10,121 SqFt.

    543 Central Ave, East Orange, NJ 7018
    View Listing
    Property ID
    US59-1086181
    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.

    Value Estimations
    Cap Rate Potential
    2.3%
    Drug stores
    Location Intelligence

    Current Use by Public Records

    • Fariborz Aryafar, BS / Pharmacy
    • Cardtronics ATM / Atm
    • Western Union / Bank / Credit Union
    • higi / Physician
    • Rite Aid Photo / (Bike/Boat/Book/etc) Store

    Property Details for 543 Central Ave

    Year built
    1996
    Lot size
    1.01 lot acres
    Property size
    10,209 SF
    Property type
    Drug stores
    APN
    05 00731-0000-00016- 01
    APU
    50073100000001601

    Description

    This exceptional retail property at 543 Central Avenue in East Orange, New Jersey, offers 12,621 square feet of completely vacant space, ideal for a single large tenant or multiple smaller occupants. The single-story building features two suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 10,121 square feet, providing flexibility for various business needs. Located in Essex County, this property boasts a highly convenient location with ample parking, accommodating 52 vehicles. The address is 543 Central Avenue, East Orange, NJ 07018. This presents a rare opportunity to establish a strong presence in a vibrant commercial area. The property's size and layout offer significant potential for a variety of retail businesses seeking a prominent location with excellent visibility and accessibility. The entire 12,621 square feet is currently available for lease, making it an attractive proposition for businesses seeking substantial space. The ample parking ensures convenient access for customers and employees alike. This is a turnkey opportunity to secure a prime retail location in a thriving New Jersey market. Don't miss this chance to establish your business in this highly desirable area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,430,000
      6.5%
      $2,240,000
      7%
      $2,080,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,105,000
      RESTAURANT
      $1,815,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2229
    Latitude
    40.7598
    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
    $118,574
    $1,244,600
    $2,835,700
    $4,080,300
    -
    $1,244,600
    $2,835,700
    $4,080,300
    View Listing
    More about this property
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