4,500 sqft

$950,000

47 Park Ave, West Orange Twp NJ, 07052

Price per sqft$211.11

Built in1876

Property size4,500 sqft

Property typeCommercial

Overview

Active

Listed Sep 14, 2026

Updated 45h ago

Welcome to this highly visible income-producing professional office building located at the corner of Park Ave and Main Street in the heart of West Orange. This remarkable location is home to a 3-story Victorian-style commercial building, featuring 8 separate office spaces, an unfinished basement and its own on-site parking lot. The property is currently fully occupied by an established tenant base. Month-to-month tenancy has intentionally been maintained to provide a purchaser with maximum flexibility, whether acquiring the property strictly as an investment or offering an owner-user the flexibility to occupy space while retaining existing income. Most existing tenants have expressed an interest in remaining and entering longer-term leases. Conveniently located near Route 280, the Garden State Parkway and public transportation offering easy access to NYC. Prime opportunity to own a professional building at such a prominent location with a current cap rate of 6.66%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.

Other Property Details

Taxes: $17,321
Tax Frequency: Annually
Garage: Yes

Courtesy of BHG REALTY CONNECT with LAUREN A. TALVET,
Listing Contact: 8566962255

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