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$799,999 Just Listed
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Property Description
Desirable Large Corner Lot with Great Visibility, which is located at the intersection of William and Lincoln Streets. The Traffic Light stops directly in front on both the West and Northside. You can feel the pulse, in the heart of East Orange's vibrant commercial corridor and new redevelopment. Currently operating as a successful auto repair facility for over 50+ years, the real estate is for sale and Not the Business. Property consists of Two (2) Lift Garage, Large Office, another Large separate space for your own vision, a storage area and Two (2) Bathrooms. Parking for 20+ vehicles. The area is a dense urban environment with a mix of residential, local businesses and nearby access to transportation. Nearest train station, East Orange and Brick Chur. on the Morris & Essex Line Gladstone Branch. City connected by approximately 10 bus lines. With appropriate approvals, ideal redevelopment opportunity to expand, extend, create additional residential, commercial or mixed use. Housing choices are diverse, including apartments, duplexes, and single detached homes. Area great for groceries, pedestrian and transit friendly. Schools, parks and houses of worship are well appointed. Redevelopment Incentives and Zoning: Urban Enterprise Zone (UEZ); PILOT Agreements; Zoning Updates include some projects receiving variances for reduced parking to support public transit use.
Full Property Details
Full Property Details for 516 William St
General
- Price: $799,999
- Taxes: $10,504 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4024220
- Updated: 4/29/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building & Land, Equipment
Rental Information
- Lease Terms: Month-To-Month
Interior
- Flooring: Concrete, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Lifts, Machinery, Restrooms - Private, Security System, Storage Area(s)
Exterior
- Color: Blue/Gray
Parking
- Garage Spaces: 20
- Total Spaces: 20
- Parking: Blacktop, Lighting, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Essex
- Subdivision: North Side
- Driving Directions: Main Street or Park Avenue to Lincoln Street, Corner of William & Lincoln Streets
- Location Details: Business District, Corner, Residential Area
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 2 Units, Auxiliary Electric Heat
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas, Internet Available
Structural Information
- Construction: Brick/Block, Formed Concrete
- Exterior Const.: Brick/Block, Concrete
- Basement Desc.: Slab
- Roof: Flat, Rubberized
- Ceiling Height: 16
- Doors: 2
- Door Dimensions: 99
- Loading: Drive-In Doors
- Bays: 2
- Stories in Building: 1
- Square Feet: 1,601
- Aprox. Leasable: 1,601 Sq. Ft.
- Office: 999 Sq. Ft.
Lot Features
- Lot Size (Acres): 1.19
- Lot Size: 38&CX93
- Permitted Use: Auto Facility/Gas Station or Any Approved Use
- Zoning: Commercial
- Lot Description: Corner, Level Lot, Open Lot
Financial Considerations
- Assessment Amount: $324,100
- Land Assmt: $110,400
- Tax Amount: $10,504
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1605-00544-0000-00004-0000-
- Block: 544
- Lot Number: 4
Listed by Tyrone Coull Realty
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Price & Sales History for 516 William St
Date
Details
Price
Change
Source
4/29/2026
Listed
$799,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 William St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,180
8%
$324,100
—
2022
$9,418
50%
$324,100
—
2021
$6,289
—
$324,100
186%
2021
$6,289
4%
$113,500
—
2018
$6,053
-1%
$113,500
—
2019
$6,129
4%
$113,500
—
2017
$5,884
2%
$113,500
—
2016
$5,792
3%
$113,500
—
2015
$5,650
1%
$113,500
—
2014
$5,571
—
$113,500
—
Disclaimer: Historical tax 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 516 William St
516 William St, East Orange, NJ 07017 (MLS# 4024220) is a Business property. 516 William St is currently listed for $799,999 and was received on April 29, 2026. Want to learn more about 516 William St? Do you have questions about finding other Business 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.

