197 Park Ave #0City Of Orange Twp., NJ 07050

Commercial · 2,900 Sq. ft. | 0.25 Acres
$1,250,000 Active

197 Park Ave #0 Overview

Time on Site:
10 days
Visits:
0

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.

Listing provided courtesy of KELLER WILLIAMS MID-TOWN DIRECT- MLS# 4035665MLS ProviderContact Information: 908-552-9600
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197 Park Ave #0 Facts & Features

  • Type Commercial
  • Sq. ft. 2,900
  • Price/Sq.ft. $431
  • Lot 0.25 Acres

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 2
  • Renovated Year: 2026
  • Year Built: 1889

Location/Region

  • County Or Parish: Essex
  • Location: Residential Area

Building Exterior/Construction

  • Construction Date/Year Built Des: Renovated

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $7,254.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 4.030
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building & Land
  • Property Sub Type: Industrial Complex - Light, Mixed Use, See Remarks
  • Property Type: Commercial
  • Zoning: MX2

Interior

Building Information

  • Available Sq Ft: 10890
  • Equipment Available: See Remarks, Storage Area(s)
  • Max Ceiling Height: 8
  • Max Door Height: 6
  • Office Sq Ft: 0

Parking Information

  • Garage Spaces: 14

Beds/Baths

  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 2900

General Information

  • Cooling: Window A/C(s)
  • Heating: Radiators - Hot Water
  • Stories: 2

Unit Information

  • Unit Number: 0

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: Additional Parking, Concrete

Lot Information

  • Approximate Lot Size: 10890
  • Lot Size Acres: 0.25
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block, Wood
  • Exterior Description: Aluminum
  • Roof: Asphalt Shingle

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural

197 Park Ave #0 Neighborhood

Community

07050 (Orange) Demographics

34
Median Age
13,816
Population Density (per sq. mile)
28%
College Educated
$43,568
Estimated Median Income
2,241
Estimated Total Home Owners
9,590
Estimated Total Renters
19% / 81%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

197 Park Ave #0 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

197 Park Ave #0 Market Data

Based on the last 30 days in this zip code

$474,834
Average List Price
$4,594
Average Price per Square Foot
5
Properties Sold
104
Average Days on Market
41
Properties for Sale
Calculations provided by Reliance Network

197 Park Ave #0 History

Date Event Value Agent
6/19/2026Source: Garden State MLS Added to Database
June 19, 2026