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29761196
29761197

18 S Orange Ave, South Orange Village, NJ 07079

CU
MA 1000409, NY 10491208119
Skytop Properties
Listed by Skytop Properties
$5,500,000
148 days on market
Updated 27 days ago

18 South Orange Avenue

Details
Property Type Retail
Sub Type Bank
Square Footage 10,024
Units 3
Cap Rate 5.48%
NOI $301,231
Occupancy 100%
Price per SqFt $549
Class B
Year Built 2000
Buildings 1
Stories 3
Acreage 0.090
Zoning CBRZ
Investment Type Stabilized

Retail | 5.48% CAP | 10,024 SqFt

Marketing description

Situated in the heart of downtown South Orange, 18 South Orange Ave presents a stabilized, 1031-friendly mixed-use investment opportunity—anchored by a reliable Chase Bank branch (recent 5yr extension), with diversified income from a thriving yoga studio and a dedicated office tenant in beautifully renovated spaces spanning portions of the 2nd and 3rd floors. The ground-floor bank has served uninterrupted since 2004 (originally WaMu), while the office tenancy dates back to 2005, demonstrating strong commitment to the property.


Just steps from the South Orange NJ TRANSIT station, offering swift 35-minute rides to NYC Penn Station, this property thrives on robust commuter demand and exceptional downtown visibility, bolstered by an average daily traffic count of approximately 15,863 vehicles. South Orange boasts affluent, highly educated demographics (median household income ~$196K; 77.5% with bachelor’s degrees or higher), ensuring sustained tenant strength and leasing appeal.

Predominantly NNN-leased, with owner responsibilities limited mainly to the exterior, the building delivers consistent, low-maintenance cash flow—perfect for exchange buyers pursuing secure, long-term returns in Essex County's premier suburban hub.

Listing Contacts

CU
MA 1000409, NY 10491208119
Skytop Properties
Listed by Skytop Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$301,231.00
$25,102.58/mo

Valuation Metrics

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DSCR
5.48%
Cap Rate
5.48%
ROI

Map

Zoning

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CB CommercialCore CommercialCentral Business
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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