65 Central AveEast Orange, NJ 07018

Property Details for 65 Central Ave

Year built

1950

Lot size

0.23 AC

Property size (Sq ft)

2,400 SF

Property type

Commercial real estate

APN

05 00012-0000-00012

APU

500012000000012

Description

This exceptional 3,000 square foot warehouse located at 65 Central Avenue in East Orange, New Jersey, presents a compelling investment opportunity. Situated on a 0.23-acre corner lot (Block 12, Lot 12), this property boasts 12' to 14' ceiling heights, providing ample space and versatility. Currently operating as a car repair facility, including an auto mechanic/tire shop, the business is included in the sale, along with the potential for an auto dealer license. The property has generated approximately $250,000 in gross revenue. The asking price is $1,100,000. The property's zoning allows for redevelopment potential, making it suitable for a variety of uses. Annual property taxes for 2022 were $11,425.54. This prime location in Essex County, with its easy access to major transportation routes, offers significant advantages for both established businesses and new ventures. The property's size and features make it an ideal candidate for expansion or adaptation to suit a wide range of commercial needs. Don't miss this chance to acquire a well-established business and a strategically located property in a thriving New Jersey market. The 07018 zip code offers excellent access to a diverse customer base.

• Alternative Use

  Use

  Valuation

  Residential

  $454,174

  Hospitality

  $416,021

  Educational

  $346,124

  Medical

  $358,028

  Retail

  $538,416

Location Insight

City

East Orange

County

Essex

State

New Jersey

Latitude

40.7511

Longitude

-74.2051

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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