500 Park Ave | East Orange, NJ 07017
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- LoopNet Team
500 Park Ave
East Orange, NJ 07017
Multifamily Property For Sale · 20 Units
Investment Highlights
- 20-unit, multifamily investment property in East Orange, New Jersey. Currently organized as co-operative housing.
- 3 one-bedroom, 4 one-bedroom with den, 11 two-bedroom, 1 two-bedroom with den, and 1 three-bedroom apartment.
- Large gated parking lot in rear of building with 41 parking spaces.
- 3.5 story, brick, walkup building with a flat roof.
- 8-units have semi-private balconies while most have front and back entrances.
- On-site laundry and 17 storage lockers in basement.
PROPERTY FACTS
| No. Units | 20 | Building Size | 20,298 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1917 |
| Building Class | C | Parking Ratio | 2.02/1,000 SF |
| Lot Size | 0.55 AC |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 20,298 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1917 |
| Parking Ratio | 2.02/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 12 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 05-00564-0000-00017 | Improvements Assessment | $2,196,800 |
| Land Assessment | $520,000 | Total Assessment | $2,716,800 |
PROPERTY TAXES
Parcel Number
05-00564-0000-00017
Land Assessment
$520,000
Improvements Assessment
$2,196,800
Total Assessment
$2,716,800
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