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$1,250,000 Just Listed

  • For Sale
  • Active
  • Industrial
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Investment or owner-user opportunity featuring a two-family property known as 195 Park Ave, Orange, together with 10 detached garages. Generate revenue from both the residential units and garage rentals, creating multiple income streams. Property may be purchased individually or as part of a larger assemblage with two additional adjacent lots, providing future expansion, storage, parking, or redevelopment possibilities. Unique opportunity with flexible use and strong upside potential.

Full Property Details for 197 Park Ave

General

  • Price: $1,250,000
  • Taxes: $7,254 (2025)
  • Status: Active
  • Type: Industrial
  • Source: Garden_State
  • MLS ID: 4035665
  • Updated: 6/19/2026
  • Added to Site: 1 day(s) ago

Business

  • Includes: Building & Land

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: See Remarks, Storage Area(s)

Parking

  • Garage Spaces: 14
  • Parking: Additional Parking, Concrete

Location

  • County: Essex
  • Driving Directions: Located between Park St and Park Pl
  • 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, Wood
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Ceiling Height: 8
  • Door Dimensions: 6
  • Stories in Building: 2
  • Square Feet: 2,900
  • Aprox. Leasable: 10,890 Sq. Ft.
  • Year Built: 1889
  • Remodeled/Updated: 2026

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size: 10890
  • Zoning: MX2

Financial Considerations

  • Price Per Sq. Ft.: $114
  • 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

908-552-9600

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
6/19/2026
Listed
$1,250,000
85.19%
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Mid-Town Direct

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197 Park Ave, Orange, NJ 07050 (MLS# 4035665) is a Industrial property. 197 Park Ave is currently listed for $1,250,000 and was received on June 19, 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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