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416 Park Ave 4,716 SF 100% Leased Retail Building East Orange, NJ 07017 $1,046,940 CAD ($222.00 CAD/SF)



EXECUTIVE SUMMARY
Unlock exceptional value and long-term upside with this well-located mixed-use asset in East Orange's growing Park Avenue corridor. 416–418 Park Avenue is a ±5,250 SF brick building situated on a ±6,250 SF lot, offering a unique blend of two ground-floor commercial storefronts, two residential apartments, three garages, and on-site parking. Built in 1915, the structure combines classic architecture with a flexible layout ideal for repositioning or redevelopment.
Zoned for mixed-use, the property allows for a combination of commercial and residential uses, subject to municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of East Orange to confirm permitted uses and future development opportunities.
With immediate access to NJ Transit’s Brick Church and East Orange train stations, this location offers outstanding connectivity to Manhattan and key regional hubs. The surrounding area continues to attract both private investment and municipal revitalization, positioning this property at the center of a rapidly transforming market.
Priced at $825,000, 416–418 Park Avenue represents more than just square footage—it’s a strategic opportunity to create value in a city on the rise. Whether you're a developer with a vision, an investor seeking long-term yield, or an end-user looking to establish a footprint in a dynamic corridor, this property offers the location, flexibility, and potential.
Sold in as-is condition.
As-Is Condition
Seller makes no warranties regarding C/O, outstanding Violations, Occupants
No Contingencies
Open/Outstanding Real Estate Taxes and/or Water/Sewer liens to be paid by Seller at Closing
ANS Title required for Title Insurance
Zoned for mixed-use, the property allows for a combination of commercial and residential uses, subject to municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of East Orange to confirm permitted uses and future development opportunities.
With immediate access to NJ Transit’s Brick Church and East Orange train stations, this location offers outstanding connectivity to Manhattan and key regional hubs. The surrounding area continues to attract both private investment and municipal revitalization, positioning this property at the center of a rapidly transforming market.
Priced at $825,000, 416–418 Park Avenue represents more than just square footage—it’s a strategic opportunity to create value in a city on the rise. Whether you're a developer with a vision, an investor seeking long-term yield, or an end-user looking to establish a footprint in a dynamic corridor, this property offers the location, flexibility, and potential.
Sold in as-is condition.
As-Is Condition
Seller makes no warranties regarding C/O, outstanding Violations, Occupants
No Contingencies
Open/Outstanding Real Estate Taxes and/or Water/Sewer liens to be paid by Seller at Closing
ANS Title required for Title Insurance
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,716 SF
Year Built
1915
Price
$1,046,940 CAD
Price Per SF
$222.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.15 AC
Zoning
R-3
Frontage
53’ on Park Avenue
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $683,982 CAD | |
| Land Assessment | $211,366 CAD | Total Assessment | $895,348 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$211,366 CAD
Improvements Assessment
$683,982 CAD
Total Assessment
$895,348 CAD
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