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$1,215,000
Est. payment /mo
5,476 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,476 sqft
Price per Sqft $221
MLS Listing ID 4012324
Year Built 1912
Annual Tax Amount $34,685
Tax Year 2025
Lot Size 0.440 Acres
Property Description
146 S. Munn Avenue presents a compelling residential redevelopment opportunity in East Orange?s R-4 Multifamily District, where zoning supports a range of higher-density residential uses. Situated on approximately 0.41 acres, the property offers developers the ability to reposition, expand, or redevelop the site for multifamily, affordable housing, supportive housing, or senior housing, subject to approvals. The value is in the land and redevelopment potential, not the current use. This is an opportunity to unlock residential density in a growing, transit-accessible submarket with increasing demand for well-located housing. The existing ±5,476 SF structure provides optionality, including potential interim use or holding income while development plans, entitlements, and financing are secured. East Orange continues to attract multifamily investment, with recent sales and development activity supporting long-term residential fundamentals. This offering is well suited for developers and value-add investors seeking a residential redevelopment play in Essex County. Buyer to independently verify zoning, density, permitted uses, and redevelopment potential. Financials and additional documentation available upon execution of NDA.
Location
State NJ
County Essex
Zoning R-4
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling See Remarks
Flooring Tile, Vinyl-Linoleum
Equipment Appliances, Exhaust System, Fire Alarm, Kitchen Area, Restrooms - Private, See Remarks, Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner, Open Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS - NJ METRO GROUP
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