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$950,000

For Sale

22 days ago

47 Park Ave, West Orange

House

MLS® 4052891

0 Bed

4 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $17,321
Days Active 22
Lot Size 
Approx. Age 1876
MLS® Number 4052891

Property Address: 47 Park Ave, West Orange, NJ, 07052-5500

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4052891
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1876
BasementFull, Unfinished
DrivewayDriveway-Exclusive, Parking Lot-Exclusive
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: Forced Hot Air
A/CCentral Air, Window A/C(s)

Extras

Building & Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 15, 2026List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
47 Park Ave, West Orange,

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