576 Central AveEast Orange, NJ 07018

Property Details for 576 Central Ave

Year built

1928

Lot size

0.62 AC

Property size (Sq ft)

48,166 SF

Property type

Office buildings

APN

05 00710-0000-00028

APU

500710000000028

Description

This East Orange, NJ property at 576 Central Ave, located in Essex County, offers a diverse range of flexible office solutions. The space caters to various business needs, from individual entrepreneurs to large corporations. Options include traditional private offices, fully furnished and equipped to suit individual requirements, ranging from single-person setups to large-scale corporate spaces. Customizable office spaces are available, along with disaster recovery options and day offices, providing adaptable solutions for diverse operational needs. Furthermore, coworking spaces offer a collaborative environment, with both dedicated desks and hot-desking options. Meeting rooms are available for various needs, from informal chats to formal presentations and conferences, accommodating short-term or long-term bookings. A virtual office option provides a prestigious business address with mail handling and virtual assistant services, including lounge access and occasional office space usage. Flexible working plans offer access to a global network of workspaces, providing options for access to private offices or coworking spaces on a flexible day-to-day or monthly basis. The property's location in East Orange, NJ, offers convenient access to local amenities and transportation. The available space configurations range from small to large, accommodating businesses of all sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $7,963,278

  6.5%

  $7,350,718

  7%

  $6,825,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,293,370

  Geo Method

  $6,293,370

• Alternative Use

  Use

  Valuation

  Residential

  $9,114,891

  Hospitality

  $8,349,191

  Educational

  $6,946,429

  Medical

  $7,185,328

  Retail

  $10,805,556

Location Insight

City

East Orange

County

Essex

State

New Jersey

Latitude

40.7612

Longitude

-74.2233

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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