Property

East Orange, NJ 07017 228-236 Springdale Avenue

228-236 Springdale Avenue East Orange, NJ - Image 1228-236 Springdale Avenue East Orange, NJ - Image 2228-236 Springdale Avenue East Orange, NJ - Image 3
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228-236 Springdale Avenue East Orange, NJ - Image 4
Presented By: Jill Biggs with Coldwell Banker, Hoboken - 201-212-5026
  • MLS# 25014384
  • 05/01/2025
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Home Details

An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability. Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential. With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.
Presented By: Jill Biggs with Coldwell Banker, Hoboken - 201-212-5026

Interior Features for 228-236 Springdale Avenue

Other Interior Features

Heating Y/NNo

General for 228-236 Springdale Avenue

CityEast Orange
CountyESSEX
HOANo
Lease Considered Y/NNo
MLS Area Minor400
ModificationTimestamp2025-05-05T16:05:17.3+00:00
Property Type5+ Mixed Use
RoofSee Remarks
RoomsNone
Standard StatusActive
StatusActive - Active
Taxes$33,354
Year Built Details1900-1939, Build Prior to 1978

Additional Details

Price History

Jenniffer Bravo Llerena

Associate
Price $1,760,000
MLS#25014384
List Date 05/01/2025
Property Type Mixed Use
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