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

13 spaces
1876

Amenities

A/C
Listing Description

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

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

47 PARK Avenue

West Orange, NJ 07052

Property Details

Construction

Aluminum Siding

Parking

Parking Lot

Heating

Forced Air

Cooling

Window Unit(s)Central Air

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.

LT

Lauren Talvet

Agent at Maturo Realty, Inc.

(267) 225-0111

Listed by Maturo Realty, Inc. · Broker phone: (856) 316-0777

MLS# NJES2000388· Source: Bright MLS· 25 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

47 PARK Avenue, West Orange, NJ 07052

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