197 Park Ave Orange, NJ ^$ 3,325,000

197 Park Ave

^$ 3,325,000

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Recently Listed

197 Park Ave

Orange, NJ, 07050

^$ 3,325,000

Bedrooms-- Baths-- Sq 13,900

Monthly Estimate*

^$ 20,473

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Commercial Property for sale in Orange, NJ

for $3,325,000 with 1 half bath. This 13,900 square foot building was built in 1960 on a lot size of 0.82.

Highly flexible industrial property featuring 25 garages, a mechanic shop, and a 2-family residence. The site offers multiple avenues for investors, owner-users, and developers seeking both immediate use and long-term upside. The property currently includes multiple opportunities for income generation through garage rentals, automotive use, contractor storage, fleet parking, or residential tenancy. The unique layout and mixed-use characteristics create a variety of commercial and residential applications. Proximity to Newark Airport, Port Newark, Port Elizabeth, Route 280, & GSP. In addition to the current use, the property offers strong redevelopment potential for medium-density residential projects, including multifamily housing, garden apartments, or townhome development.

Commercial Active

Price

^$ 3,325,000

Half Bath

Property Type

Commercial

Taxes

^$ 7,254

Style

Industrial Complex - Light

Lot Size

0.82

Year Built

1960

Town/City

Orange

County/Region

Essex

MLS | Web ID

4030072

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating Radiators - Hot Water

Cooling Window A/C(s)

Utilities Electric Gas-Natural

Possession At Closing

Roof Asphalt Shingle

Zoning MX2

Garage Spaces 85

Year Built 1960

Township City Of Orange Twp.

Property Type Industrial Complex - Light Manufacturing See Remarks Industrial Complex - Light

Tax Year 2025

Ownership Fee Simple

Location Residential Area

County Essex

Status Active

Directions Park Ct paper street

Number Of Units Total 2

Tax Annual Amount 7254

Drive Crushed Stone

Leasable Area 0

Standard Status Active

Tax Assessed Value 180000

Town # 1617

Tax Lot 16

Interior

Basement Storage Unfinished

Fuel Type Gas-Natural

Total Stories 2

Half Baths 1

Exterior

Water Source Public Water

Exterior Description Aluminum

Building Area Total 13900

Lot Dimensions 35927 SF

Lot Size Acres 0.82

* Excluded Features

List By

JOHN BRITO

Listing Agent

Keller Williams Mid-Town Direct

Broker

jbrito@kwnyc.com

Affordability Calculator

$21,077

Per Month

Monthly Principal & Interest: $20,473
Monthly Property Taxes: $605
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Orange, NJ

Average List Price ^$1,269,069

Percent of Sale Price 62%

About Orange, NJ

30,849 Population

-6% Since 2002

^$37,560 Median Income

37.29 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$3,325,000		Listed Price

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197 Park Ave, Orange, NJ, 07050 is a Commercial Property for sale at $3,325,000 with 13,900 sqft and a lot size of 0.82. 197 Park Ave was built in 1960. The property's zip code is 07050 which is in Orange, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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197 Park Ave

Commercial Property for sale in Orange, NJ

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