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$1,199,000
225-233 Central Avenue, East Orange, NJ, 07018
MLS# 26020055
0.08 acres (3,500 sqft)
Lot Size
1940
Year Built
Commercial — Retail
Property Type
Description
Rare opportunity to acquire a newly constructed multi-tenant retail property located on highly trafficked Central Avenue in the heart of East Orange. This premier commercial asset features six storefront units, offering an attractive combination of immediate income and future upside potential. Existing leases include annual rent increases, creating built-in revenue growth while the remaining vacancies provide an opportunity to further enhance cash flow. Positioned along one of East Orange's primary commercial corridors, the property benefits from exceptional visibility, strong daily vehicle counts, and consistent pedestrian traffic. The modern construction, excellent storefront exposure, and prominent signage opportunities make this a standout investment in a growing market. Conveniently located near major highways and NJ Transit service, the property offers easy access to Newark, Hoboken, and New York City. Whether you are an investor seeking a value-add retail asset or an owner-user looking to establish a presence in a thriving commercial corridor, this property presents a unique opportunity to own a brand-new retail investment in one of East Orange's busiest business districts.
Tax & Financial Information
| Annual Property Taxes | $10,299 (NJ Public Records) |
| Tax Assessment | $327,900 |
| Land Assessment | $153,900 |
| Original List Price | $1,400,000 |
| Listed | June 1, 2026 |
Listing Information
Listing Office: Corcoran Sawyer Smith — 201-420-7393
Listing Agent: Michael Petrak — 973-641-0027 — mpetrak@corcoranss.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 7/8/2026.
Total Monthly Cost
$8,579/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $239,800 | Loan: $959,200
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
East Orange
Midtown Direct / Morris & Essex
Brick Church
~0.5 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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Property listings provided by GardenState.ai through authorized access to NJMLS.
Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462
Real Estate Agent: Julio Reynoso
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