95-97-99 Northfield Avenue
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95-97-99 Northfield Avenue
3 Office Properties in West Orange, NJ
INVESTMENT HIGHLIGHTS
- Ideal Location: Strategically located in West Orange, NJ, with easy access to Route 280, Route 10, and Main Street.
- High Visibility: Benefit from high visibility on Northfield Avenue, a well-traveled road in West Orange.
- Public Transit Access – Located on the NJ Transit bus line, near a train station
- Investment Opportunity: Perfect for investors or business owners looking for a property with potential.
- Unmatched Accessibility – Close to Route 280, Route 10, and Main Street
EXECUTIVE SUMMARY
Exceptional Portfolio Sale – Prime Mixed-Use Investment Opportunity in West Orange, NJ
Seize this rare investment opportunity in the heart of West Orange with a three-building mixed-use portfolio at 95-97-99 Northfield Avenue. This highly visible and well-positioned property offers a combination of office suites and residential units, ideal for investors or owner-occupants seeking a strategic location with strong tenant demand.
* Building 1 – 95 Northfield: ±5,000 SF | Four Office Suites
* Building 2 – 97 Northfield: ±2,532 SF | One Office Suite & One 4-Bedroom Apartment
* Building 3 – 99 Northfield: ±6,118 SF | Seven Office Suites & One Studio Apartment.
Key Features:
* Total Building Area: ±13,647 SF across 3 freestanding buildings
* 54 On-Site Parking spots for tenants and visitors
* Monument & Building Signage for excellent exposure
* Two-Door Freestanding Garage for additional storage or parking
* Prime Location – Situated at a signalized intersection (Northfield Ave & Whittingham Ave)
* Unmatched Accessibility – Close to Route 280, Route 10, and Main Street
* Public Transit Access – Located on the NJ Transit bus line, near a train station
With diverse income potential from multiple office suites and residential units, this property presents a turnkey investment in a thriving commercial corridor. Whether you're an investor looking for income-generating opportunities or a business owner seeking a prime location, these buildings offer incredible potential. Don't miss the chance to invest in this thriving West Orange commercial real estate market. For further details and viewing appointments, please contact us.
Jeannette Melillo
C: 862.227.6464
O: 973.884.4444 ext. 39
Email: jmelillo@newmarkrealestate.com
Jack Maier
C: 862.200.0763
O: 973.884.4444 ext. 32
Email: jmaier@newmarkrealestate.com
Seize this rare investment opportunity in the heart of West Orange with a three-building mixed-use portfolio at 95-97-99 Northfield Avenue. This highly visible and well-positioned property offers a combination of office suites and residential units, ideal for investors or owner-occupants seeking a strategic location with strong tenant demand.
* Building 1 – 95 Northfield: ±5,000 SF | Four Office Suites
* Building 2 – 97 Northfield: ±2,532 SF | One Office Suite & One 4-Bedroom Apartment
* Building 3 – 99 Northfield: ±6,118 SF | Seven Office Suites & One Studio Apartment.
Key Features:
* Total Building Area: ±13,647 SF across 3 freestanding buildings
* 54 On-Site Parking spots for tenants and visitors
* Monument & Building Signage for excellent exposure
* Two-Door Freestanding Garage for additional storage or parking
* Prime Location – Situated at a signalized intersection (Northfield Ave & Whittingham Ave)
* Unmatched Accessibility – Close to Route 280, Route 10, and Main Street
* Public Transit Access – Located on the NJ Transit bus line, near a train station
With diverse income potential from multiple office suites and residential units, this property presents a turnkey investment in a thriving commercial corridor. Whether you're an investor looking for income-generating opportunities or a business owner seeking a prime location, these buildings offer incredible potential. Don't miss the chance to invest in this thriving West Orange commercial real estate market. For further details and viewing appointments, please contact us.
Jeannette Melillo
C: 862.227.6464
O: 973.884.4444 ext. 39
Email: jmelillo@newmarkrealestate.com
Jack Maier
C: 862.200.0763
O: 973.884.4444 ext. 32
Email: jmaier@newmarkrealestate.com
TAXES & OPERATING EXPENSES (PRO FORMA - 2023) |
ANNUAL |
|---|---|
| Gross Rental Income |
$348,612
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$348,612
|
| Taxes |
$80,000
|
| Operating Expenses |
$101,000
|
| Total Expenses |
$181,000
|
| Net Operating Income |
$167,612
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $348,612 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $348,612 |
| Taxes | |
|---|---|
| Annual | $80,000 |
| Operating Expenses | |
|---|---|
| Annual | $101,000 |
| Total Expenses | |
|---|---|
| Annual | $181,000 |
| Net Operating Income | |
|---|---|
| Annual | $167,612 |
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 14,748 SF |
| Number of Properties | 3 | Total Land Area | 0.83 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 14,748 SF |
| Total Land Area | 0.83 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 2 of 3
97 Northfield Ave, West Orange, NJ 07052 |
Office | 2,530 SF | 1945 | - |
|
Building 1 of 3
95 Northfield Ave, West Orange, NJ 07052 |
Office | 6,100 SF | 1975 | - |
|
Building 3 of 3
99 Northfield Ave, West Orange, NJ 07052 |
Office | 6,118 SF | 1965 | - |
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95-97-99 Northfield Avenue
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