47 PARK AVE, West Orange, NJ 07052
47 PARK AVE, West Orange, NJ 07052
47 PARK AVE, West Orange, NJ 07052
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Steven Pagan

Steven Pagan

+1(609) 631-5668
Listed by Lauren Talvet • Better Homes and Gardens Real Estate Realty Connect
$950,000
Est. payment /mo
9,148 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJES2000388

Year Built 1876

Annual Tax Amount $17,300

Tax Year 2026

Lot Size 9,148 Sqft

Acres 0.21

Lot Dimensions 76X122REAR IRR*

Property Sub-Type Office

Source BRIGHT

Property Description

Welcome to this highly visible income-producing professional office building located at the corner of Park Ave and Main Street in the heart of West Orange. This remarkable location is home to a 3-story Victorian-style commercial building, featuring 8 separate office spaces, an unfinished basement and its own on-site parking lot. The property is currently fully occupied by an established tenant base. Month-to-month tenancy has intentionally been maintained to provide a purchaser with maximum flexibility, whether acquiring the property strictly as an investment or offering an owner-user the flexibility to occupy space while retaining existing income. Most existing tenants have expressed an interest in remaining and entering longer-term leases. Conveniently located near Route 280, the Garden State Parkway and public transportation offering easy access to NYC. Prime opportunity to own a professional building at such a prominent location with a current cap rate of 6.66%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.

Location

State NJ

County Essex

Area West Orange Twp (20722)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 13.0

Water Access N

Roof Type Asphalt

Accessibility Ramp - Main Level

Total Parking Spaces 13

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Orange Schools

Others

Tax ID 22-00065-0000-00001

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ 08033-2419, USA

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