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    671 Park Ave East Orange, NJ 07017-1502
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    Property profile & analytics

    671 Park Ave East Orange, NJ 07017-1502


    • Day care centers
    • 3,500 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Nov 9, 2021
    $380,000
    Property ID
    US59-1273053
    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
    Location Intelligence

    Current Use by Public Records

    • Clark School Inc / High School

    Property Details for 671 Park Ave

    Year built
    1914
    Lot size
    0.14 lot acres
    Property size
    3,500 SF
    Property type
    Day care centers
    APN
    05 00801-0000-00024
    APU
    500801000000024

    Description

    This exceptional investment opportunity presents a turnkey, freestanding commercial property ideally suited for continued daycare operation or adaptable to other uses. Located at 671 Park Ave, East Orange, NJ 07017, this three-story, 4,357 square foot Class C building sits on a 0.14-acre lot with 48 feet of frontage on Park Avenue. Built in 1914, the property boasts a well-maintained masonry structure featuring multiple learning areas, private office space, a finished basement, and emergency egress on each level. A secure, fenced-in playground enhances the property's appeal. The property is zoned RO, permitting high-rise multifamily and high-rise office development, offering future flexibility. The asking price is $776,000, translating to $178.10 per square foot. This single-tenancy building offers immediate occupancy and significant potential for a savvy investor or owner-user. The property's convenient location provides easy access to public transportation. This is a rare opportunity to acquire a well-established daycare center in a desirable location. The property features ample above-grade space and exudes historic charm.


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    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2196
    Latitude
    40.7732
    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
    $21,699
    $147,400
    $599,300
    $746,700
    -
    $147,400
    $599,300
    $746,700
    More about this property
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