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Investment Highlights

  • Heavy foot traffic, busy neighborhood, strong tenants.

Executive Summary

Rare opportunity to acquire a prominent multi-tenant commercial property located at 41-45 North Clinton Avenue in the heart of East Orange. This well-positioned retail asset consists of seven storefront units situated along a busy commercial corridor with strong daily foot traffic and excellent street visibility. Offering a diversified income stream through seven commercial storefronts, the property presents investors with the opportunity to benefit from both in-place cash flow and future rental growth. The surrounding area continues to experience ongoing redevelopment and investment activity, making this an attractive long-term hold in one of Essex County's most accessible urban markets. Ideal for investors seeking stable neighborhood retail exposure, value-add opportunities, or owner-users looking to establish a presence in a high-visibility location. The property's strong street presence, convenient transportation access, and proximity to major commuter routes make it well-positioned to serve the surrounding community and workforce. Highlights include seven commercial storefronts, excellent visibility, strong pedestrian traffic, convenient access to major highways and public transportation, proximity to Newark and New York City, and a location within one of East Orange's established commercial corridors.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $162,810 $32.56
Other Income - -
Vacancy Loss - -
Effective Gross Income $162,810 $32.56
Taxes - -
Operating Expenses - -
Total Expenses $61,493 $12.30
Net Operating Income $101,317 $20.26

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $162,810
Annual Per SF $32.56
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $162,810
Annual Per SF $32.56
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $61,493
Annual Per SF $12.30
Net Operating Income (CAD)
Annual $101,317
Annual Per SF $20.26

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built
1950
Price
$1,171,442 CAD
Price Per SF
$234.29 CAD
Cap Rate
8.65%
NOI
$101,317 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
0.19 AC
Zoning
C-1, East Orange Cty
Frontage
64’ on Clinton St

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Augustus T. Payne
  • -
  • -
  • $18.92 CAD
  • Plus Utilities
  • Feb 2026
  • Ez Care Pharmacy
  • Retailer
  • -
  • -
  • -
  • -
  • Fatus Kitchen
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Kulture Kreative LLC
  • -
  • -
  • $23.65 CAD
  • Plus Utilities
  • Dec 2024
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Augustus T. Payne - - $18.92 CAD Plus Utilities Feb 2026
Ez Care Pharmacy Retailer - - - -
Fatus Kitchen Accommodation and Food Services - - - -
Kulture Kreative LLC - - $23.65 CAD Plus Utilities Dec 2024
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

ShopRite
PNC Bank
Bank of America
Santander
Key Food
PureGym
Checkers
Golden Krust Caribbean Restaurants
Rent-a-center
Chase Bank

Property Taxes

Property Taxes

Parcel Number
05-00541-0000-00008
Land Assessment
$208,210 CAD
Improvements Assessment
$642,568 CAD
Total Assessment
$850,778 CAD
  • Listing ID: 40739257

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 41-45 N Clinton St, East Orange, NJ 07017

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