47 Park Ave, West Orange Twp. NJ 07052-5500

$950,000
Active
West Orange Twp.

About this home

Welcome to this highly visible commercial space 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. This building is fully leased with all tenants currently on month-to-month 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 6.23%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.

Taxes & fees

Annual property tax
$17,321
Tax year
2025
Tax rate
2.627

Property details

Year Built
1876
Roof (*text)
Asphalt Shingle
MLS #
4052891

Features & amenities

Year Built (*numeric)
1876
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
2
Basement (*text)
Yes
Cooling (*text)
Central Air, Window A/C(s)
Garage spaces
13
Heating
Forced Hot Air
Lot dimensions
76X122 REAR IRR
Property Location

40.781357894495, -74.236979484558

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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