West Orange Twp., NJ 07052 383 Northfield Ave
$1,300,000


Presented By: C-21 CHRISTEL REALTY; 973-627-6800
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Prime Investment Opportunity: Fully Leased 5,000 sq. ft. Office/Medical Building. This 5,000 square foot, free-standing office/medical building offers a rare investment opportunity in a highly desirable and high-traffic location. Positioned on a busy road, the property benefits from exceptional visibility and accessibility, attracting a steady flow of foot and vehicle traffic.The building is fully leased to reputable tenants, providing a stable and reliable income stream for the investor. With ample on-site parking, it serves as an ideal space for medical or office-based businesses. The layout is versatile, offering a functional mix of private offices, treatment rooms, and open areas, easily adaptable to a variety of uses. This property presents an excellent opportunity for investors seeking a stable, income-generating asset with great long-term potential. Don't miss out on the chance to acquire this prime real estate with a solid return on investment.
Presented By: C-21 CHRISTEL REALTY; 973-627-6800
Interior Features for 383 Northfield Ave
Bathrooms
Half Baths6
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft5000
BasementFull, Storage
Fuel TypeGas-Natural
Total Stories2
General for 383 Northfield Ave
ConstructionBrick/Block
Cooling4+ Units
CountyEssex
DirectionsI-280 E to Prospect Ave in West Orange. Continue on Prospect Ave. Drive to Northfield Ave
Documents AvailableIncome & Expenses, Leases, Survey
DriveDriveway-Exclusive
EasementUnknown
Equipment AvailableFire Alarm, Restrooms - Private, Smoke Detector, Sprinkler System
Garage Spaces22
Gross Income136807
Heating4+ Units
Leasable Area5000
LocationFreestanding
Net Operating Income70661
Number Of Units Total4
Operating Expense66154
OwnershipFee Simple
Permitted Useoffice/medical
Possessionat closing
Property TypeFree Standing Office
Property TypeOffcFStd
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount27073
Tax Assessed Value578000
Tax Lot97
Tax Year2024
Town #1622
TownshipWest Orange Twp.
UtilitiesElectric, Gas-Natural
Year Built1980
ZoningR-5
Exterior for 383 Northfield Ave
Building Area Total5000
Exterior DescriptionBrick/Block
Lot Dimensions50X100X50X200
Max Ceiling Height9
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
