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$3,325,000 Just Listed

  • For Sale
  • Active
  • Industrial
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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.

Full Property Details for 197 Park Ave

General

  • Price: $3,325,000
  • Taxes: $7,254 (2025)
  • Status: Active
  • Type: Industrial
  • Source: Garden_State
  • MLS ID: 4030072
  • Updated: Today (5/26/2026)
  • Added to Site: Today

Business

  • Includes: Building & Land

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Restrooms: 1

Additional Information

  • Equipment: Fixtures, Kitchen Area, Restrooms - Private, Storage Area(s)

Parking

  • Garage Spaces: 85
  • Parking: Crushed Stone

Location

  • County: Essex
  • Driving Directions: Park Ct paper street
  • Location Details: Residential Area

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: Radiators - Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Storage, Unfinished
  • Roof: Asphalt Shingles
  • Ceiling Height: 14
  • Door Dimensions: 14
  • Loading: Drive-In Doors
  • Stories in Building: 2
  • Square Feet: 13,900
  • Aprox. Leasable: 13,900 Sq. Ft.
  • Previous Bldg. Use: Mechanic Shop
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.82
  • Lot Size: 35927 SF
  • Permitted Use: See Remarks
  • Zoning: MX2

Financial Considerations

  • Assessment Amount: $180,000
  • Land Assmt: $120,000
  • Tax Amount: $7,254
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: No Documents Available
  • APN: 1617-00903-0000-00016-0000-
  • Block: 903
  • Lot Number: 16

Listed by Keller Williams Mid-Town Direct

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Listing agent

— 197 Park Ave —

  • Keller Williams Mid-Town Direct

908-242-7063

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 197 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$3,325,000
392.59%
MLS
1/15/2024
Sold
$675,000
—
Public Record
Get Price Alerts and Save Property
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 for 197 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,038
13%
$180,000
—
2022
$6,239
-18%
$180,000
—
2021
$7,578
3%
$180,000
37%
2020
$7,351
7%
$131,100
—
2018
$6,857
7%
$131,100
—
2017
$6,385
2%
$131,100
—
2016
$6,264
3%
$131,100
—
2015
$6,100
-12%
$131,100
—
2019
$6,968
185%
$131,100
—
2013
$2,442
—
$131,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Mid-Town Direct

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197 Park Ave, Orange, NJ 07050 (MLS# 4030072) is a Industrial property. 197 Park Ave is currently listed for $3,325,000 and was received on May 26, 2026. Want to learn more about 197 Park Ave? Do you have questions about finding other Industrial real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.

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