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146 S Munn Ave - Sterling Estates Immeuble de 5 425 pi² • Soins de santé • À vendre 1 371 249 $ CAD • East Orange, NJ 07018
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- • Licensed 33–34 Bed Facility with In-Place Income
- • Adaptive Reuse or Affordable Housing Opportunity
- • R-4 Zoning Allowing High-Density Multifamily
Résumé de l'annonce
146 S. Munn Avenue presents a compelling residential redevelopment opportunity in East Orange’s R-4 Multifamily District, where zoning supports a range of higher-density residential uses.
Situated on approximately 0.41 acres, the property offers developers the ability to reposition, expand, or redevelop the site for multifamily, affordable housing, supportive housing, or senior housing, subject to approvals.
The primary value lies in the underlying land and redevelopment potential, making this an attractive opportunity to unlock residential density in a growing, transit-accessible submarket with increasing demand for well-located housing.
At the same time, the existing ±5,476 SF structure provides meaningful optionality. The property can be delivered vacant and, with updates and capital investment, may support continued use by a healthcare or residential care operator, or serve as an interim use while development plans, entitlements, and financing are secured.
This dual-path positioning allows investors to control a redevelopment site while maintaining flexibility, reducing carrying risk during the planning phase.
East Orange continues to attract multifamily investment, with recent sales and development activity supporting long-term residential fundamentals. This offering is well suited for developers, affordable housing groups, and value-add investors seeking a residential redevelopment play with interim use potential in Essex County.
Buyer to independently verify zoning, density, permitted uses, and redevelopment potential.
Situated on approximately 0.41 acres, the property offers developers the ability to reposition, expand, or redevelop the site for multifamily, affordable housing, supportive housing, or senior housing, subject to approvals.
The primary value lies in the underlying land and redevelopment potential, making this an attractive opportunity to unlock residential density in a growing, transit-accessible submarket with increasing demand for well-located housing.
At the same time, the existing ±5,476 SF structure provides meaningful optionality. The property can be delivered vacant and, with updates and capital investment, may support continued use by a healthcare or residential care operator, or serve as an interim use while development plans, entitlements, and financing are secured.
This dual-path positioning allows investors to control a redevelopment site while maintaining flexibility, reducing carrying risk during the planning phase.
East Orange continues to attract multifamily investment, with recent sales and development activity supporting long-term residential fundamentals. This offering is well suited for developers, affordable housing groups, and value-add investors seeking a residential redevelopment play with interim use potential in Essex County.
Buyer to independently verify zoning, density, permitted uses, and redevelopment potential.
Faits sur la propriété
| Prix | 1 371 249 $ CAD | Taille du lot | 0,41 AC |
| Prix par lit | 40 331 $ CAD | Taille du bâtiment | 5 476 pi² |
| Type de vente | Investissement ou propriétaire utilisateur | Nbre de lits | 34 |
| Condition de vente | Projet de redéveloppement | Nombre d’étages | 3 |
| Type de propriété | Soins de santé | Année de construction | 1912 |
| Sous-type de propriété | Maison de repos | Ratio de stationnement | 1,83/1 000 pi² |
| Classe d’immeuble | C | ||
| Zonage | R-4 | ||
| Prix | 1 371 249 $ CAD |
| Prix par lit | 40 331 $ CAD |
| Type de vente | Investissement ou propriétaire utilisateur |
| Condition de vente | Projet de redéveloppement |
| Type de propriété | Soins de santé |
| Sous-type de propriété | Maison de repos |
| Classe d’immeuble | C |
| Taille du lot | 0,41 AC |
| Taille du bâtiment | 5 476 pi² |
| Nbre de lits | 34 |
| Nombre d’étages | 3 |
| Année de construction | 1912 |
| Ratio de stationnement | 1,83/1 000 pi² |
| Zonage | R-4 |
Pièce renseignements sur le mélange
| Description | Nbre de lits |
|---|---|
| - | 0 |
Exceptionnellement accessible à pied
90/100
Moyennement adapté aux voitures
70/100
Bons transports en commun
70/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 05-00215-0000-00005 | Évaluation des bâtiments | 738 680 $ CAD |
| Évaluation du terrain | 734 001 $ CAD | Évaluation totale | 1 472 681 $ CAD |
Impôts fonciers
Numéro de lot
05-00215-0000-00005
Évaluation du terrain
734 001 $ CAD
Évaluation des bâtiments
738 680 $ CAD
Évaluation totale
1 472 681 $ CAD
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146 S Munn Ave - Sterling Estates
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