Value/Add Mixed-Use — Sale in East Orange, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: East Orange, NJ 07017

Investment Figures

Cap rate
7.14%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 228-236 Springdale Ave, East Orange, Essex County, New Jersey. Investment Highlights: • Property Consists of Ten Units: (2) Two Bed, (3) Three Bed Residential Units, Five Retail Units, and Seven Garages in Rear • Three of Five Apartments have been Renovated Leaving Additional Upside in Two Apartments • Situated Across the Street from NJ Transit Bus Stop

Market Context

This mixed use in East Orange, NJ is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 101 days. Compare it against other mixed use listings for sale in East Orange, NJ — view the full market.

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