Commercial Sale For Sale

228-236 Springdale Avenue, East Orange, Nj 07017

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Property Description

An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability. Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential. With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 25014384
Price : $1,760,000
Status : Active
Office Name : Coldwell Banker, Hoboken
Agent Name : Jill
Roof : O/See Rmrks
Features
Architectural Style : Res/Com Mixed
Address Map
Country : US
State : NJ
County : ESSEX
City : East Orange
Zipcode : 07017
Street : Springdale
Street Number : 228-236
Street Suffix : Avenue
Longitude : W75° 48' 1.6''
Latitude : N40° 46' 9.3''
Additional Information
On Market Date : 2025-05-01
Financial
Tax Annual Amount : 33354
Listing Information
List Agent Mls Id : 1001117
List Office Mls Id : 63674
Mls Status : Active
Modification Timestamp : 2025-05-05T16:05:17Z
Originating System Name : njmls
Status Change Timestamp : 2025-05-01
Commercial Sale For Sale
  • Listing ID : 25014384
$1,760,000
Agent info
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