2
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$4,650,000
Est. payment /mo
0.34 Acres Lot
New
564 Forest Street Orange, NJ 07050
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Orange (ORG)
MLS Listing ID 22511077
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1884
Annual Tax Amount $22,240
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 97 x 159
Property Sub-Type Commercial
Property Description
Rare opportunity to purchase two buildings in the developing section of Orange, NJ. 564 Forest St is a stunning 28,440 SF building and 575 Nassau St is an additional 12,440 SF.
Current notable projects happening in the area are 276 Reock St., marking the first phase of a larger plan near the city's train stations. This development is part of a pipeline totaling nearly 1,000 units, highlighting a trend toward
leveraging proximity to transit for residential projects. Mixed-use complex featuring 1,005 apartments and 70,190 square feet of retail and commercial space, indicating a robust demand for mixed-use developments in the area.
In addition tho the two building a 28,819 SF parking lot. Great opportunity for developers looking to get into a desired area early.
Current notable projects happening in the area are 276 Reock St., marking the first phase of a larger plan near the city's train stations. This development is part of a pipeline totaling nearly 1,000 units, highlighting a trend toward
leveraging proximity to transit for residential projects. Mixed-use complex featuring 1,005 apartments and 70,190 square feet of retail and commercial space, indicating a robust demand for mixed-use developments in the area.
In addition tho the two building a 28,819 SF parking lot. Great opportunity for developers looking to get into a desired area early.
Location
State NJ
County Essex
Area None
Direction GPS
Exterior
Parking Features On Site, Parking Lot, Paver Block
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 17-05004-0000-00025
Listed by EXP Realty