116 N. Walnut Street, East Orange 07017
Large Multi-Family Development Opportunity

Large Multi-Family Development Opportunity

116 N. Walnut Street, East Orange

$500,000

HIGHLIGHTS
  • 0.433 Acres Lot
  • For Sale Status

property details

Vacant Land
Block: 360, Lot: 14 in Essex County
.4325 Acres or +/-60' X 314'
North Walnut Neighborhood District (NWD)
Permitted Uses:  Mixed-Use, Residential, Multi-Family, Retail, Special Services, Restaurants, and Office
Site:  Adequate Drainage, Generally Level at Street Grade w/ All Utilities Available

neighborhood

The subject neighborhood is located in the North Walnut Neighborhood section of East Orange, NJ. The area is urban in nature. The neighborhood is considered a “Transit Village” and is zoned for such. The neighborhood is bounded by Park Avenue to the north, the Garden State Parkway to the east, Interstate 280 to the south, and N. Clinton Street to the west.

East Orange, NJ is bordered by Newark and Bloomfield to the north; Newark and South Orange to the south; Newark to the east; and Orange and West Orange to the west. East Orange is approximately 15 miles west of Manhattan.

BASIC TERMS

This is an offering of real property that is to be sold in "as-is, where-is" condition, free and clear of any and all liens, claims and encumbrances.  All-cash deals and non-contingent buyers only.  Any sale will be subject to Bankruptcy Court approval and the Trustee's receipt of higher or better offers.

DISCLAIMER

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information is subject to errors and omissions. The subject real property herein may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.

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Features and Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.433 Acres

Financial

  • Sales Price$500,000
  • Real Estate Tax $14,352/yr


Marc Yaverbaum

Marc Yaverbaum

Vice President, Broker
Phone

347-273-1258


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