1. New Jersey
2. East Orange City
3. 45 S 17Th St

45 S 17Th St, East Orange City, NJ 07018

• 2 beds |
• 4 baths

Property Description

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!

Listing Status:

Active

Listing Office:

KELLER WILLIAMS VALLEY REALTY : 201-391-2500

MLS ID:

3976630

Interior

• A/C: See Remarks
• Heating: See RemarksGas-Natural

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of KELLER WILLIAMS VALLEY REALTY