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$950,000
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Property Description
Welcome to this highly visible commercial space located at the corner of Park Ave and Main Street in the heart of West Orange. This remarkable location is home to a 3-story Victorian-style commercial building, featuring 8 separate office spaces, an unfinished basement and its own on-site parking lot. This building is fully leased with all tenants currently on month-to-month leases. Conveniently located near Route 280, the Garden State Parkway and public transportation offering easy access to NYC. Prime opportunity to own a professional building at such a prominent location with a current cap rate of 6.23%. Building and parking lot are being sold as-is. Buyer to perform their due diligence and verify accuracy of information.
Full Property Details
Full Property Details for 47 Park Ave
General
- Price: $950,000
- Taxes: $17,321 (2025)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4052891
- Updated: 9/16/2026
- Added to Site: 10 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: Month-To-Month
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Restrooms - Private
Parking
- Garage Spaces: 13
- Parking: Driveway-Exclusive, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Main St to Park Ave
- Location Details: Corner, Freestanding
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window A/C(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding, Wood
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 9
- Door Dimensions: 7
- Stories in Building: 3
- Square Feet: 4,500
- Aprox. Leasable: 4,500 Sq. Ft.
- Office: 4,500 Sq. Ft.
- Year Built: 1876
Lot Features
- Lot Size: 76X122 REAR IRR
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $205
- Expenses: Electricity, Insurance, Maintenance - Exterior, Maintenance - Interior, Taxes, Water/Sewer
- Assessment Amount: $649,000
- Land Assmt: $309,300
- Tax Amount: $17,321
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Site Plan
- APN: 1622-00065-0000-00001-0000-
- Block: 65
- Lot Number: 1
Listed by BH & G REAL ESTATE MATURO
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Schools
Schools serving 47 Park Ave
School District:West Orange Town School District
| Name | Grades | Distance |
|---|---|---|
Mount Pleasant Elementary School, West Orange, NJ 9 Manger Road, West Orange, NJ 07052 | K-5 | 2.4 mi |
Liberty Middle School 1 Kelly Drive, West Orange, NJ 07052 | 7-8 | 2.7 mi |
West Orange High School 51 Conforti Avenue, West Orange, NJ 07052 | 9-12 | 2.1 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 47 Park Ave
Date
Details
Price
Change
Source
9/14/2026
Listed
$950,000
67.55%
MLS
1/20/2022
Sold
$567,000
—
Public Record
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 47 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,322
-23%
$649,000
30%
2022
$22,560
37%
$500,000
—
2021
$16,479
19%
$500,000
-20%
2021
$13,876
-47%
$623,500
—
2019
$26,293
3%
$623,500
—
2018
$25,645
1%
$623,500
—
2017
$25,308
2%
$623,500
—
2016
$24,722
4%
$623,500
—
2015
$23,799
5%
$623,500
—
2013
$22,745
—
$623,500
—
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 47 Park Ave
47 Park Ave, West Orange Township, NJ 07052 (MLS# 4052891) is a Office property. 47 Park Ave is currently listed for $950,000 and was received on September 14, 2026. Want to learn more about 47 Park Ave? Do you have questions about finding other Office real estate for sale in West Orange Township? You can browse all West Orange Township real estate or contact a Coldwell Banker agent to request more information.

