5000 sf workshop/office on 0.7 AC in Essex Co | 314 Dodd St
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5000 sf workshop/office on 0.7 AC in Essex Co 314 Dodd St
5,000 SF Flex Building East Orange, NJ 07017 $1,600,000 ($320/SF)
Investment Highlights
- 5000 light industrial bldg w/ approved plans for additional 2000 sf. Total building potential: 7000 sf. o 0.7 AC lot
- Also possible redevelopment opportunity: 14 townhouses allowed by right.
- Rear half of lot is layout yard for exterior storage. Plus 16 parking spaces.
Executive Summary
5000sf building on 0.7 acres for sale. This single-story block & brick Essex County building has an existing 1200sf+ workshop accessed by 2 high doors in rear. Balance of space can remain office or remodeled for more open space. PROPERTY HAS APPROVED PLANS FOR AN ADDITIONAL 2000 SF POTENTIAL WORKSHOP (bringing overall building footprint to 7000 sf. Ideal for owner occupants: developers, builders, architects, landscapers, artistic enterprises, or regional businesses that need a workshop, 16 parking spaces plus large exterior storage or a layout yard.
Taxes & Operating Expenses (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- 24 Hour Access
- Bus Line
- Yard
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 05-00880-0000-00048 | Total Assessment | $730,600 (2024) |
| Land Assessment | $454,700 (2024) | Annual Taxes | ($5,000) (($1.00)/SF) |
| Improvements Assessment | $275,900 (2024) | Tax Year | 2022 Payable 2022 |
PROPERTY TAXES
Parcel Number
05-00880-0000-00048
Land Assessment
$454,700 (2024)
Improvements Assessment
$275,900 (2024)
Total Assessment
$730,600 (2024)
Annual Taxes
($5,000) (($1.00)/SF)
Tax Year
2022 Payable 2022
zoning
| Zoning Code | R-2 Townhouse (Zoned: R-2 Residential; Townhouses. Grandfathered use: light industrial.) |
| R-2 Townhouse (Zoned: R-2 Residential; Townhouses. Grandfathered use: light industrial.) |
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Brian Kelly -
Reed Kean -
KW Commercial MTD Realty Group
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5000 sf workshop/office on 0.7 AC in Essex Co | 314 Dodd St
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