6
See all 6 photos
$1,299,999
Est. payment /mo
4,764 SqFt
New
500 Prospect Ave West Orange Twp., NJ 07052
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $272
MLS Listing ID 3994923
Year Built 1984
Annual Tax Amount $33,256
Tax Year 2024
Property Description
Ideally situated in the heart of West Orange, this professional office property offers a prime location with excellent visibility, modernamenities, and convenient access to major highways and public transit. 500 Prospect Avenue is a sizable property of 7,046 square feetspread across two stories. Built in 1984 and meticulously maintained, this office property features a clean, modern façade accented byabundant windows that flood the interior with natural light. The building is situated on 0 .12 acres and offers 20 parking spaces for bothemployees and visitors. The property is divided into four suites ranging from 814 to 3,116 square feet. Currently, two of the suites areoccupied, presenting strong value-add potential through lease-up of the remaining space. Thanks to flexible B-2 zoning, a wide variety oftenant types can be accommodated, giving investors multiple leasing strategies. Alternatively, buyers may choose to occupy part of thespace for their own business while generating income e from the existing tenants.Property Sold AS IS
Location
State NJ
County Essex
Zoning B2- Office
Rooms
Basement Finished, Finished-Partially
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Equipment Furniture, Office Equipment, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, ConcBrd
Utilities Available Electric, Gas In Street
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CAPC BROKERAGE LLC
GET MORE INFORMATION