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    South Orange, NJ
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    South Orange, NJ Retail Properties & Spaces for Sale

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    Turnkey Restaurant Opportunity in Downtown
    Updated: May 1, 2025
    Turnkey Restaurant Opportunity in Downtown

    15 S Orange Ave, South Orange, NJ 07079

    $2,600,000
    5,532 sqft
    Prime downtown location in South Orange, one block from the train station, with high visibility and traffic.
    Turnkey restaurant opportunity in a two‑story, 7,980 sq ft masonry building, delivered vacant at closing.
    Features two fully equipped kitchens and accommodates 110 patrons plus bar seating.
    Second‑floor event space with a capacity of up to 70 people.
    Solid masonry structure with open spans and classic wood details (fireplace, bars).
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    15 S Orange Ave, South Orange Village Twp., NJ 07079

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $85K
      Annual

    • Price @ 7% Cap

      $1.21M
      Suggested

    • Last Sold

      Dec 2021
      $386K
    View Property Analytics
    Ground-Floor Office and Retail Suite
    Updated: Apr 9
    Ground-Floor Office and Retail Suite

    155 KILBURN PL Unit 1L, South Orange, NJ 07079

    Contact for pricing
    500 sqft
    Approximately 500 SF ground‑floor office/retail suite in downtown South Orange
    Includes 3 private offices, reception/waiting area, kitchenette, half bath, and storage space
    Freshly painted; carpet flooring to be replaced with new laminate flooring
    Central Air cooling; heating listed as 3
    One on‑site parking space available (not reserved) plus ample street parking nearby
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    Oversized Garage in South Orange
    Oversized Garage in South Orange

    161 Church, South Orange, NJ 07079

    $499,900

    Rare opportunity: large garage near South Orange Village center.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in South Orange, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Property Near Train Station
    Commercial Property Near Train Station

    419 Valley St, City Of, Orange, NJ 07050

    $1,800,000
    5,500 sqft 0.38 AC lot

    Versatile commercial space near Highland Ave train station.

    View details
    Multi-Tenant Retail Corner Building
    Multi-Tenant Retail Corner Building

    763 IRVINGTON AVE, Newark, NJ 07106

    Contact for pricing
    5,100 sqft

    Fully leased retail corner property with dedicated parking and frontage on Irvington Avenue.

    View details
    Multi-Storefront Retail Strip Center
    Multi-Storefront Retail Strip Center

    839-845 Sanford Avenue, Newark, NJ 07106

    $2,000,000

    For-sale strip center featuring multiple storefronts at 839–845 Sanford Avenue.

    View details
    Auto Body Shop Garage
    Auto Body Shop Garage

    526 Beach, Orange, NJ 07050

    $300,000

    Commercial garage/auto body shop offering a functional layout with ample workspace, high ceilings, and vehicle access.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Land Site For Sale
    Vacant Land Site For Sale

    1824 Springfield Ave, Maplewood, NJ 07040

    Contact for pricing

    Vacant land available on Springfield Ave, Maplewood, NJ.

    View details
    Approved Land Parcel For Sale
    Approved Land Parcel For Sale

    206 Brookdale Avenue, Newark, NJ 07106

    $1,400,000

    Land parcel approved for 30 units, shovel ready.

    View details
    Buildable Mixed-Use Development Lot
    Buildable Mixed-Use Development Lot

    510 SO Orange Ave, Newark, NJ 07103

    $295,000
    0.06 AC lot

    Buildable lot with plans for a five-unit mixed-use building, ready to proceed once permits are issued.

    View details
    Commercial Land with Development Potential
    Commercial Land with Development Potential

    1594 Maple Ave, Hillside, NJ 07205

    $599,900

    Land with frontage in RC Zone, development possibilities.

    View details

    Off-Market Properties in South Orange, NJ

    Consider similar Off-Market properties in South Orange, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft
    View details
    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft 0.52 AC lot
    View details
    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft 0.52 AC lot
    View details

    South Orange, NJ Retail Properties & Spaces Market Trends and Statistics

    Explore 6 retail properties & spaces for sale in South Orange, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,032 square feet of properties for sale, with an estimated market value of $3,099,900.

    Sale prices for stores in South Orange, NJ start at $499,900, averaging $1,549,950, and reaching up to $2,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 1
    Storefront properties 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +11.5%
    Median Household Income $184,769

    High-Yield Neighborhoods for Investment

    Identify South Orange submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07079 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    Property Tax per SF $10.39 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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