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Investment Highlights
- 100% Leased - 3 Property Investment Portfolio
- Long-Term Leases with Established Tenants
- Fully Renovated Buildings
- Diversified Commercial & Residential Income
- +/- 23 On-Site Parking Spaces
Executive Summary
This 100% leased three-property investment portfolio offers a diversified combination of commercial and residential assets in West Orange, New Jersey. The portfolio includes a fully renovated professional office/warehouse building with a drive-in door. Fully renovated four-family investment property, fully renovated single-family investment property, and a commercial parking lot with redevelopment potential. The mix of asset types provides income diversification while creating opportunities for future value enhancement.
The portfolio benefits from regional connectivity with access to Interstate 280, Interstate 80, Interstate 78, the Garden State Parkway, Route 10, Route 46, Route 21, and Route 9. Municipal water and sewer service, multiple high-speed internet providers, and approximately 23 on-site parking spaces. The commercial parking lot is located within the OB-2 Office Building District and may offer redevelopment potential subject to municipal approvals.
The portfolio benefits from regional connectivity with access to Interstate 280, Interstate 80, Interstate 78, the Garden State Parkway, Route 10, Route 46, Route 21, and Route 9. Municipal water and sewer service, multiple high-speed internet providers, and approximately 23 on-site parking spaces. The commercial parking lot is located within the OB-2 Office Building District and may offer redevelopment potential subject to municipal approvals.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 6,136 SF |
| Number of Properties | 3 | Total Land Area | 0.34 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,136 SF |
| Total Land Area | 0.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 109 Ashland Ave, West Orange, NJ 07052 | Flex | 2,436 SF | - | - |
| 119 Ashland Ave, West Orange, NJ 07052 | Land | 0.08 AC | - | - |
| 117 Ashland Ave, West Orange, NJ 07052 | Multifamily | 3,700 SF | - | - |
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