Property

West Orange Twp., NJ 07052 500 Prospect Ave

500 Prospect Ave West Orange Twp., NJ - Image 1500 Prospect Ave West Orange Twp., NJ - Image 2500 Prospect Ave West Orange Twp., NJ - Image 3
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500 Prospect Ave West Orange Twp., NJ - Image 4500 Prospect Ave West Orange Twp., NJ - Image 5
Presented By: CAPC BROKERAGE LLC; 973-291-1393
  • MLS# 3994923
  • 10/28/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 4
  • SQFT • 4,764

Home Details

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
Presented By: CAPC BROKERAGE LLC; 973-291-1393

Interior Features for 500 Prospect Ave

Bathrooms

Half Baths4

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft4764
BasementFinished, Finished-Partially
Fuel TypeGas-Natural
Total Stories2

General for 500 Prospect Ave

ConstructionWood
Cooling4+ Units, Central Air
CountyEssex
DirectionsEasy access from Rt 280 on Prospect Ave
Documents AvailableIncome & Expenses, No Documents Available
DriveBlacktop, Concrete, Off-Street Parking
EasementUnknown
Equipment AvailableFurniture, Office Equipment, Smoke Detector
Heating4+ Units, Forced Hot Air
Leasable Area7500
LocationCorner, See Remarks
Number Of Units Total4
OwnershipFee Simple
Possessionat closing
Property TypeOffice Building Complex
Property TypeOffice Building Complex
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount33256
Tax Assessed Value261000
Tax Lot19
Tax Year2024
Town #1622
TownshipWest Orange Twp.
UtilitiesElectric, Gas In Street
Year Built1984
ZoningB2- Office

Exterior for 500 Prospect Ave

Building Area Total7046
Exterior DescriptionBrick, ConcBrd
Lot Dimensions50X100-50X100 IRR
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $1,299,999
MLS#3994923
List Date 10/28/2025
Property Type Commercial
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