146 S Munn Ave, East Orange City, NJ 07018
sale
$1,215,000
|
Other
Courtesy Of NJ Metro Group LLC
146 S. Munn Avenue presents a compelling residential redevelopment opportunity located within East Orange?s R-4 Multifamily District. Situated on approximately 0.41 acres, the property offers potential for multifamily, affordable housing, supportive housing, senior housing, or other residential-oriented redevelopment opportunities, subject to municipal approvals and buyer due diligence. The primary value lies in the underlying land and redevelopment potential within a growing, transit-accessible Essex County submarket experiencing continued residential investment activity.The existing approximately 5,476 SF structure provides additional flexibility and may support interim occupancy or continued use with updates and capital improvements. The property may appeal to developers, affordable housing organizations, healthcare-related users, or value-add investors seeking a site with both current utility and long-term redevelopment potential.Conveniently located near major transportation routes, public transit, retail amenities, and surrounding residential neighborhoods, the property is positioned within an area seeing ongoing multifamily and community development activity. Buyer to independently verify zoning, permitted uses, density, redevelopment potential, approvals, and all property information with the City of East Orange.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 1
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floors: 3
- Heating System: Hot Water (Heating)
- Heating System: Other (Heating)
- MLSID: 4012324
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Basement
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