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Listed with Michael Petrak | 973-641-0027, Corcoran Sawyer Smith
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/1/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 400 |
| COUNTY | ESSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 400 |
| HEAT | Electric |
| TAXES | 10738 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 6/1/26 5:40 PM PDT Source: New Jersey Multiple Listing, Inc.
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