15 Unit Deal – Orange

  • $825,000
North Essex Avenue, Orange, New Jersey, 07050
For Sale New
15 Unit Deal – Orange
North Essex Avenue, Orange, New Jersey, 07050
  • $825,000

Overview

Property ID: 74795
  • Commercial
  • Property Type
  • 74795
  • Property ID

Description

The buyer will pay a 3% commission for this deal.

Fully Approved & Shovel Ready (15 Unit) Multi-Family Opportunity Located In Orange, NJ — all entitlements in place under the North Main Street Redevelopment & Rehabilitation Plan. No variance needed, no zoning hurdles, no waiting. Start construction immediately.

*Layout*

Cellar — Mechanical (sprinkler room, gas/electric meters, elevator pit)

1st floor — Parking garage + lobby, mail/bike room

2nd floor — Amenity spaces (3) + building-use (gym, lounge, co-working, etc., owner’s call)

3rd floor — Residential — 5 units (4 one-bed/one-bath + 1 studio)

4th floor — Residential — 5 units (4 one-bed/one-bath + 1 studio)

5th floor — Residential — 5 units (4 one-bed/one-bath + 1 studio)

Total: 15 units — 12 one-bedrooms and 3 studios

 

*Building square footage (gross, per floor)*

* Cellar: 734.5 SF

* 1st floor: 4,143.7 SF

* 2nd floor: 4,143.7 SF

* 3rd floor: 4,143.7 SF

* 4th floor: 4,143.7 SF

* 5th floor: 4,143.7 SF

 

*Totals*

* Above-grade gross (floors 1–5): 20,718.5 SF

* Including cellar: ≈ 21,453 SF

* Net residential (leasable across the 15 units): ≈ 10,179 SF

* Building footprint ≈ 4,144 SF on a 5,767 SF lot → roughly 72% lot coverage, and an above-grade FAR of about 3.6

 

Parking: 15 spaces — one per unit — in a private ground-floor garage, plus 8 bike spots. Includes an ADA-accessible space.

  • Address North Essex Avenue, Orange, New Jersey, 07050
  • County Essex
  • State/county New Jersey
  • Zip/Postal Code 07050
  • City Orange

Contact Information

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Details

Updated on July 1, 2026 at 12:15 am
  • Property ID: 74795
  • Price: $825,000
  • Property Type: Commercial
  • Property Status: For Sale

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