146 S. Munn Avenue presents a compelling residential redevelopment opportunity located within East Orange's R-4 Multifamily District. Situated on approximately 0.41 acres, the property offers potential for multifamily, affordable housing, supportive housing, senior housing, or other residential-oriented redevelopment opportunities, subject to municipal approvals and buyer due diligence. The primary value… Read More lies in the underlying land and redevelopment potential within a growing, transit-accessible Essex County submarket experiencing continued residential investment activity.The existing approximately 5,476 SF structure provides additional flexibility and may support interim occupancy or continued use with updates and capital improvements. The property may appeal to developers, affordable housing organizations, healthcare-related users, or value-add investors seeking a site with both current utility and long-term redevelopment potential.Conveniently located near major transportation routes, public transit, retail amenities, and surrounding residential neighborhoods, the property is positioned within an area seeing ongoing multifamily and community development activity. Buyer to independently verify zoning, permitted uses, density, redevelopment potential, approvals, and all property information with the City of East Orange. Read Less
Courtesy of KELLER WILLIAMS - NJ METRO GROUP.
Listing Snapshot
Days Online
107
Last Updated
Property Type
Other
Square Ft.
5,476
Lot Size
0.44 Acres
Year Built
1912
MLS Number
4012324
30 Days Snapshot Of 07018
$337k
-24%
(avg) sold price
5
+25%
homes sold
127
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1912
Cooling
See Remarks
Exterior Features
Brick/Block
Floors
Tile, Vinyl-Linoleum
Water Features
Public Water
Heating
Gas-Natural, Radiators - Hot Water
Lot
Approximate Lot Size: 127X150, 0.44 acres, Corner, Open Lot
Property
5,476 sqft building, 1 unit
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $34,685, Tax Rate: 3.241
Utilities
Electric, Gas-Natural
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