57 Washington St, East Orange City, NJ 07017
Essex County
Key Facts
Description
Accessible by Public Transportation: The property is well-connected to public transit, with NJ Transit bus and train stations just minutes away. Ideal for businesses that rely on foot traffic or customers who rely on public transportation. Growing Neighborhood: Located in a community-oriented, residential neighborhood that is currently experiencing revitalization. This offers the opportunity for businesses to become a cornerstone of a growing area. It's an excellent spot for service-based businesses like cafes, small retail, or office space. Versatile Commercial Zoning: The property is zoned for commercial use, offering flexibility for a variety of business types, including retail, office, or light industrial. The zoning may also allow for mixed-use development, which could add value if you're considering expanding into residential units or combining business and living space. Potential for Growth: With ongoing community events such as farmers markets and parades, the neighborhood is becoming increasingly popular. This could lead to a growing demand for local businesses, offering excellent opportunities for long-term growth and customer retention. Competitive Rental Rates: Compared to neighboring cities like Newark and Montclair, East Orange offers competitive commercial rental rates, which could be attractive to startups and small businesses looking to minimize overhead costs. Prime Location with High Visibility: Situated on Washington Street.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1910
Stories
3
Living Area
4,100 sq ft
Ownership
Fee Simple
Days on Market
4
MLS® Listing#
3982851
Property Features
Cooling
Heating
Basement
Parking
Lot Features
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$16,055
Tax year 2024
Parcel Number
1605-00804-0000-00009-0000-
Directions
Glenwood Ave to Washington St
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,040,000 · Est. interest $1,450,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Orange City, NJ
- $615,935
- Median Listing Price
- 50
- Median Days on Market
- 1,424
- Median Sq Ft
- $385
- Median Price / Sq Ft
- 3,547
- Active Listings
- This home’s price is 111% above the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Orange City, NJ.
Location
Getting Around
Points of Interest in East Orange City, NJ
Showing the East Orange City area map.
Nearby Schools
Jamas Children's University
Secondary School · 0.1 mi away
East Orange Community Charter School
Elementary · 0.2 mi away
One Step Ahead
School · 0.2 mi away
Little Ones
School · 0.3 mi away
George Washington Carver Institute
School · 0.3 mi away
J Garfield Jackson Sr Academy
School · 0.3 mi away
Holy Trinity School
School · 0.3 mi away
Althea Gibson Academy
School · 0.4 mi away
Park Avenue Elementary School
Elementary · 0.4 mi away
Edward T. Bowser Sr. School of Excellence
Elementary · 0.5 mi away
Oakwood Avenue Elementary School
Elementary · 0.5 mi away
Our Lady Help of Christians School
School · 0.5 mi away
Bernie L Edmunson Education
School · 0.5 mi away
Patrick F Healy Middle School
Secondary · 0.6 mi away
Sojourner Truth Middle School
Secondary · 0.6 mi away
John L Costley Middle School
Secondary · 0.6 mi away
East Orange Campus High School
Secondary · 0.6 mi away
East Orange High School
Secondary · 0.7 mi away
Cicely L. Tyson Community Middle/High School
Secondary · 0.7 mi away
Main Street School
Secondary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 345 Summer Ave, Newark City, NJ | $910,000 | 6 | 4 | 2,040 |
| 410 N HUNTINGTON AVENUE, MARGATE CITY, NJ | $919,900 | 3 | 3 | 1,796 |
| 294 298 Broadway, Paterson City, NJ | $919,999 | — | — | 7,649 |
| 116 Chapel St, Newark City, NJ | $920,000 | 8 | 5 | 2,800 |
| 221 COLUMBIA AVE 1, Jersey City, NJ | $924,000 | 4 | 4 | 2,245 |
| 626 SUMMIT AVE 1706, Jersey City, NJ | $924,000 | 2 | 2 | 910 |
Moving Cost Estimate
EXIT Agents in East Orange City
Listing Courtesy: EXIT PLATINUM REALTY - 9737464777