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
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 18, 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

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Marcos Claudius

KW Commercial | Montclair, NJ

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

  • Orange

    1.29 miles

  • Highland Avenue

    1.51 miles

  • Orange Street

    1.78 miles

  • Watsessing Avenue

    2.04 miles

  • Bloomfield Avenue

    2.08 miles

  • Warren Street/NJIT

    2.17 miles

  • Grove Street

    2.24 miles

  • Davenport Avenue

    2.32 miles

  • Broad Street Station

    2.49 miles

  • Washington Street

    2.62 miles

  • Wawa

    0.98 miles

  • Shell

    1.61 miles

  • Delta Gas Station

    1.86 miles

  • Delta

    2.02 miles

  • Sunoco

    2.07 miles

  • 7-Eleven

    2.10 miles

  • Speedway

    2.10 miles

  • gulf

    2.23 miles

  • Mobil

    2.32 miles

  • Tesla Supercharger

    4.35 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 East Orange

    0.39 miles

  • GALLERY HOLIDAY MOTEL

    2.35 miles

  • Americas Best Value Inn

    2.46 miles

  • Comfort Suites Newark - Harrison

    2.69 miles

  • Courtyard 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

    3.14 miles

  • Royal Taste Caribbean Restaurant

    1.25 miles

  • McDonald's

    1.36 miles

  • Dunkin' Donuts

    1.63 miles

  • Taco Bell

    1.64 miles

  • Wendy's

    1.66 miles

  • Checkers

    1.69 miles

  • IHOP

    1.71 miles

  • The Appian Way

    1.71 miles

  • Subway

    1.77 miles

  • Star Tavern

    1.85 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

  • Brighter Tomorrows

    0.86 miles

  • Child Development Center

    2.37 miles

  • Kiddie College Campus Academy #2

    2.50 miles

  • Wyonna's House

    2.62 miles

  • Little Scholars Playhouse

    2.80 miles

  • Concern Mom Soar On Eagle Wings

    2.96 miles

  • Ironbound early learning Centre

    3.21 miles

  • Super Kids Academy

    3.24 miles

  • Future Generation Early Learning Center

    3.38 miles

  • Executive Baby

    3.39 miles

Frequently Asked Questions

How much does Multifamily / Retail - Mixed Use Development Opportunity cost?

The space currently listed for sale at Multifamily / Retail - Mixed Use Development Opportunity asks for $1,750,000.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Marcos Claudius

KW Commercial | Montclair, NJ