About This Home
This 0-bedroom, 0-bathroom commercial at 47 PARK Avenue in West Orange, NJ is listed for $950,000. Built in 1876, on a 0.21 acres lot.
Key Features
- Built in 1876
- 0.21 acre lot
- 13 parking spaces
Property Details
Amenities
Welcome to this highly visible income-producing professional office building located at the corner of Park Ave and Main Street in the heart of West Orange. This remarkable location is home to a 3-story Victorian-style commercial building, featuring 8 separate office spaces, an unfinished basement and its own on-site parking lot.
The property is currently fully occupied by an established tenant base. Month-to-month tenancy has intentionally been maintained to provide a purchaser with maximum flexibility, whether acquiring the property strictly as an investment or offering an owner-user the flexibility to occupy space while retaining existing income.
Most existing tenants have expressed an interest in remaining and entering longer-term leases. Conveniently located near Route 280, the Garden State Parkway and public transportation offering easy access to NYC. Prime opportunity to own a professional building at such a prominent location with a current cap rate of 6.66%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
47 PARK Avenue
West Orange, NJ 07052
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 47 PARK Avenue is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1876, 0.21 acre lot, 13 parking spaces.
This property is listed by Lauren Talvet and can be reached at 2672250111.



