Multifamily / Retail - Mixed Use Development Opportunity

404 Central Avenue, East Orange, NJ 07018

  • For Sale $1,750,000
  • Property Type Other
  • Units 0
  • Lot Size 0.39 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 24, 2024

We are pleased to present a Luxury Mixed Use development opportunity (Retail/Residential) at the heart of the commercial business district of East Orange, NJ.

The proposed development site is approximately 0.4 acres. An architectural and zoning study has been complete showing the feasibility (without variances) of a 5-story building with 39 residential units, approx. 2400 SF of retail store fronts, and 30 parking spaces to be equipped with electric vehicle charging capabilities. The suggested apartment unit mix includes (25) 1-bedroom units, (14) 2-bedroom units, gym, lounge, storage units. No plans have been submitted and any affordable housing requirements have not been determined. The proposed gross building area (GBA) is approximately 61,351 square feet including the lower level and parking garage. And the net rentable area (NRA) is proposed to be approximately 44,340 square feet.

Proposed Parking:

1 BR Parking Spaces = 25 * 0.5 = 13 spaces
2 BR Parking Spaces = 14 * 1 = 14 spaces
Total Required = 14 + 13 = 27 spaces
Total Proposed = 30 Parking Spaces

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Contacts

broker

Marcos Claudius

KW Commercial | Montclair, NJ

(201) 355-3103

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable

  • Transit Score ®

    57/100 Good Transit

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City East Orange, NJ
  • Neighborhood East Orange
  • Zip Code 07018
  • Market New Jersey

Points of Interest

  • East Orange

    0.44 miles

  • Brick Church

    0.57 miles

  • Orange

    1.29 miles

  • Highland Avenue

    1.51 miles

  • Park Avenue

    1.73 miles

  • Orange Street

    1.78 miles

  • Mountain Station

    1.84 miles

  • Norfolk Street

    2.01 miles

  • Watsessing Avenue

    2.04 miles

  • Bloomfield Avenue

    2.08 miles

  • Shell

    1.61 miles

  • Delta Gas Station

    1.86 miles

  • Silver Lake Pit Stop

    2.58 miles

  • Lukoil

    2.80 miles

  • Exxon

    2.90 miles

  • Speedway

    2.91 miles

  • Delta

    3.41 miles

  • Shell

    3.51 miles

  • Enrite

    3.60 miles

  • Mobil

    3.60 miles

  • Parking Deck

    1.88 miles

  • Lot 9

    1.95 miles

  • Visitor Parking

    2.06 miles

  • Lot 16

    2.11 miles

  • Science and Technology Parking Garage

    2.12 miles

  • Lot 18

    2.13 miles

  • Lot 12

    2.16 miles

  • Lot 12B

    2.19 miles

  • Lot 12C

    2.19 miles

  • Lot 5

    2.29 miles

  • Ramada by Wyndham East Orange

    0.39 miles

  • Comfort Suites Newark - Harrison

    2.69 miles

  • Courtyard by Marriott Downtown Newark

    2.86 miles

  • Hotel Indigo Newark Downtown

    2.87 miles

  • Hampton Inn

    2.87 miles

  • Best Western Robert Treat Hotel

    2.91 miles

  • TRYP Newark

    2.92 miles

  • Hilton

    3.15 miles

  • Courtyard by Marriott West Orange

    3.26 miles

  • Cambria Hotel West Orange

    3.32 miles

  • Royal Taste Caribbean Restaurant

    1.25 miles

  • Dunkin' Donuts

    1.63 miles

  • Taco Bell

    1.64 miles

  • Star Tavern

    1.85 miles

  • No. 1 Chinese Restaurant

    1.88 miles

  • Village Pizzeria

    1.89 miles

  • Cluck University Chicken

    1.89 miles

  • Avenue Pizza

    2.06 miles

  • Dunkin' Donuts

    2.07 miles

  • Lee's Restaurant

    2.16 miles

  • Ecole T Louverture Elementary School

    0.17 miles

  • Cicely Tyson School of Performing and Fine Arts

    0.28 miles

  • Langston Hughes School

    0.32 miles

  • East Orange Campus Nine

    0.53 miles

  • Saint Joseph's Parochial School

    0.54 miles

  • Washington Academy Elementary School

    0.57 miles

  • Our Lady Help of the Christians Parochial School

    0.58 miles

  • Dionne Warwick Institute

    0.68 miles

  • Oakwood Avenue Elementary School

    0.73 miles

  • Speedway School

    0.81 miles

  • Wyonna's House

    2.62 miles

  • Little Scholars Playhouse

    2.80 miles

  • Concern Mom Soar On Eagle Wings

    2.96 miles

  • Future Generation Early Learning Center

    3.38 miles

  • Executive Baby

    3.39 miles

  • Elite Day Care LLC

    3.48 miles

  • Montclair Community Pre-K

    4.04 miles

  • Park Street Academy

    4.16 miles

  • Shomrei Emunah Preschool

    4.21 miles

  • Sunshine

    4.38 miles

Frequently Asked Questions

What is the lease rate for Multifamily / Retail - Mixed Use Development Opportunity?

Rental asking rate at Multifamily / Retail - Mixed Use Development Opportunity is $875,000.00/YR.

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Contact Listing Broker

broker

Marcos Claudius

KW Commercial | Montclair, NJ

(201) 355-3103