671 Park AveEast Orange, NJ 07017
- Specialty properties
- 3,500 SF
Property Details for 671 Park Ave
- Year built
- 1914
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 3,500 SF
- Property type
- Specialty properties
- Property subtype
- Day care centers & nurseries
- APN
- 05 00801-0000-00024
- APU
- 500801000000024
Description
This exceptional investment opportunity presents a turnkey, freestanding commercial property ideally suited for continued daycare operation or adaptable to other uses. Located at 671 Park Ave, East Orange, NJ 07017, this three-story, 4,357 square foot Class C building sits on a 0.14-acre lot with 48 feet of frontage on Park Avenue. Built in 1914, the property boasts a well-maintained masonry structure featuring multiple learning areas, private office space, a finished basement, and emergency egress on each level. A secure, fenced-in playground enhances the property's appeal. The property is zoned RO, permitting high-rise multifamily and high-rise office development, offering future flexibility. The asking price is $776,000, translating to $178.10 per square foot. This single-tenancy building offers immediate occupancy and significant potential for a savvy investor or owner-user. The property's convenient location provides easy access to public transportation. This is a rare opportunity to acquire a well-established daycare center in a desirable location. The property features ample above-grade space and exudes historic charm.
Location Insight
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Latitude
- 40.7732
- Longitude
- -74.2196
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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