$800,000
For Sale
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located in East Orange’s Arts and Cultural District great investment opportunity for builder/developer or end user. This prime retail location boasts three spacious retail bays, perfectly situated on a bustling retail corridor with foot traffic. The property's exceptional location is further enhanced by its proximity to key urban conveniences: it's a mere 300 feet from two major train stations with express routes to Newark, NY Penn Station and Hoboken and just steps away from the historic City Hall and Post Office. Currently, it's a single-story brick storefront, offering a unique opportunity for significant development. Envision transforming this space into a 30+ unit residential building, tapping into the area's growing demand. Moreover, there's an option for a package deal with 10 and 12 N Clinton St, paving the way for an even more expansive development project. Contact us for more details and to understand the full potential of this exceptional investment opportunity. Adjoining 116 unit new Hue Soul apartments across the street a mixed-use development located in the heart of East Orange, NJ, currently home to a dense & diverse population with over 400,000 residents within a 3-mile radius. East Orange is on the rise with 2,936 new residential units completed or in development within the near future. Our Lady of Help of Christians Cathedral Built in the the Gothic Revival style in 1897 in striking white marble, the stained glass is beautifully lit at night and provides both buildings with cathedral views. An active parish provides street supervision that creates a safe and welcoming atmosphere. Located in a vibrant neighborhood with close to schools, parks, public transportation

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionNJ
    • Location
      • CountyEssex
  • Other
      • MLS #240017882

Location

Nancy RodriguezReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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