1. New Jersey
2. East Orange
3. 228-236 Springdale Avenue

228-236 Springdale Avenue, East Orange, NJ 07017

Property Description

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.

Listing Status:

Active

Date Added:

May 1, 2025 at 05:00AM

Listing Office:

Coldwell Banker, Hoboken : 201-212-5026

Listing Agent:

Jill Biggs : (973) 495-6038

MLS ID:

25014384

Construction

• Roofing: O/See Rmrks

Location

This listing courtesy of Jill Biggs, Coldwell Banker, Hoboken