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$7,200 Just Listed
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Property Description
Prime commercial opportunity in a high-exposure location offering approximately 4,000 SF of interior space plus an additional 4,000 SF dedicated parking area. Positioned in a high-visibility corridor with strong walking and vehicle traffic, this property is ideal for a supermarket, urgent care, retail store, or a variety of service-based businesses. The flexible layout allows for multiple business uses and maximum functionality. Excellent frontage and accessibility provide outstanding branding and customer convenience. Space available for lease, with an existing business also offered for sale?perfect for investors or owner-operators seeking immediate income potential in a prime location.
Full Property Details
Full Property Details for 507 Central Ave
General
- Price: $7,200
- Taxes: $17,634 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4021324
- Updated: 4/16/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Lease Only, See Remarks
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Sewer, Taxes, Water
- Lease Terms: 3-5 Year Minimum, 5 Or More Years
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Fire Alarm, See Remarks
Parking
- Garage Spaces: 12
- Parking: 2 Car Width, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: From South Clinton to Central Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: ConcBrd, Glass
- Roof: Flat
- Ceiling Height: 10
- Door Dimensions: 12
- # Loading Docks: 1
- Stories in Building: 1
- Square Feet: 4,000
- Aprox. Leasable: 8,000 Sq. Ft.
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.19
- Lot Size: 60X139
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $1
- Expenses: Taxes, Water/Sewer
- Assessment Amount: $544,100
- Land Assmt: $238,600
- Tax Amount: $17,634
- Tax Year: 2025
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Heat, Maintenance-Common Area
- Pays Utilities: Tenant
Disclosures and Reports
- APN: 1605-00492-0000-00044-0000-
- Block: 492
- Lot Number: 44
Listed by Keller Williams Park Views
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Schools
Schools serving 507 Central Ave
School District:East Orange City School District
| Name | Grades | Distance |
|---|---|---|
Langston Hughes School 160 Rhode Island Avenue, East Orange, NJ 07018 | PK-5 | 0.4 mi |
Althea Gibson E C E Acd 490 William Street, East Orange, NJ 07017 | PK-K | 0.7 mi |
Wahlstrom Early Chld Academy 340 Prospect Street, East Orange, NJ 07017 | PK-K | 1.4 mi |
John L Costley Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.1 mi |
Patrick F Healy Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.1 mi |
Sojourner Truth Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.1 mi |
East Orange Campus High School 344 Prospect Street, East Orange, NJ 07017 | 9-12 | 1.4 mi |
East Orange STEM Academy 129 Renshaw Avenue, East Orange, NJ 07017 | 6-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Central Ave
Date
Details
Price
Change
Source
4/16/2026
Listed
$7,200
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Central Ave
507 Central Ave, East Orange, NJ 07018 (MLS# 4021324) is a Commercial Lease property. 507 Central Ave is currently listed for $7,200 and was received on April 16, 2026. Want to learn more about 507 Central Ave? Do you have questions about finding other Commercial Lease real estate for sale in East Orange? You can browse all East Orange real estate or contact a Coldwell Banker agent to request more information.

