NJ
Essex
City Of Orange Twp.
07050
103 Central Ave
103 Central Ave, City Of Orange Twp., NJ 07050
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Listing Type
Commercial/Industrial
Listing Status
active
7
$1,100,000

Home Details for 103 Central Ave

Price
$1,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1940
Lot size acres
0.15
County
Essex
Garage
Basement
Full, Unfinished
Days on site
118
MLS Listing#
3976493
Property Description

This 6,940 SF mixed-use property, set on a 4,977 SF corner lot, features five fully occupied residential units two three-bedroom and three two-bedroom apartments all offering individually metered gas-fired furnaces and boilers. Three of the units also include central A/C and heating. With all leases nearing expiration and current rents below market, the building presents a strong opportunity for rental growth and value enhancement. A valid DCA Certificate of Inspection is in place through October 2029, ensuring regulatory compliance.Ideally located in a walkable, commuter-friendly neighborhood, the property is just a 15-minute walk to the Brick Chrch Train Station, providing direct access to Newark and NYC. It is also easily reachable via Route 280 and the Garden State Parkway. Nearby amenities include shopping, parks, and the East Orange VA Medical Center just one mile away bolstering the area's employment base and housing demand. This well-positioned asset offers stable cash flow with excellent upside potential in a growing urban market.Please Do Not Disturb the Tenants!!!!!

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
Listing Courtesy: INVESTMENT REALTY PRO - 973-380-0118
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2025 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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