45 S 17th St, East Orange, NJ 07018
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
45 S 17th St,East Orange City, NJ 07018
$549,000
- - Beds
- 4 Baths
- 9,999 sq. ft.
- Multi-family
- Active
Listed by:lipa brach
Office:keller williams valley realty
MLS#:3976630
Source:NJ_GSMLS
Price summary
- Price:$549,000
- Price per sq. ft.:$54.91
About this home
Introducing a Prime Investment Opportunity in a Highly Desirable Location! This captivating brick building offers exceptional versatility, serving both immediate commercial use and lucrative developmental prospects within the ARC-4 zoning district, as part of the Sussex Ave Redevelopment Plan. IMMEDIATE COMMERCIAL USE: The existing structure features sizable garages and multiple rooms, ideal for warehousing or office space, offering immediate rental income potential as you plan for future development. DEVELOPMENT POTENTIAL: With unapproved plans to convert the building into 14 residential units as of right, this property presents a significant opportunity to capitalize on the zoning benefits and strategic location. EXPANSION OPPORTUNITY: Consider expanding your investment by purchasing the adjacent city-owned property, where plans allow for the addition of 17 more residential units, further enhancing profitability. Positioned in a sought-after area with easy access to essential amenities, public transportation, and community facilities, making it attractive for both commercial tenants and future residents. Seize this unique opportunity to invest in a property offering both immediate commercial returns and substantial long-term development potential. Schedule a showing today to explore the endless possibilities this remarkable building holds for your portfolio!
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Home facts
- Year built:1930
- Listing ID #:3976630
- Added:65 day(s) ago
- Updated:September 06, 2025 at 02:17 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Living area:9,999 sq. ft.
Structure and exterior
- Roof:Rubberized
- Year built:1930
- Building area:9,999 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$54.91
- Tax amount:$15,849 (2024)
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