416 Park Ave Local commercial 438 m² 100 % Loué À vendre East Orange, NJ 07017 644 790 € (1 471,68 €/m²)

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