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29874281
29874287

62 Halsted St, East Orange, NJ 07018 For Sale

GJ
NJ NJ0674905
Coldwell Banker Commercial NRT Jersey City
Listed by Coldwell Banker Commercial NRT Jersey City
$4,000,000
146 days on market
Updated 145 days ago
Opportunity zone

62-68 Halsted Property

Details
Property Type Hospitality, Mixed Use (+1)
Sub Type Apartment Building, Hotel (+1)
Square Footage 25,000
Price per SqFt $160
Broker Co-Op Yes
Class A
Buildings 1
Stories 2
Lot Size (SqFt) 25,000
Zoning Redevelopment
Investment Type Redevelopment
Ownership fee simple
Sale Condition 1031 exchange

Hospitality or Mixed‑use residential with amenity‑driven ground floor or Modern condominium

Marketing description

Prime Development Opportunity | 62–68 Halsted Street, East Orange, NJ

A strategically located ±25,000 SF development site positioned along West and East Freeway Drive at the intersection of Route 280 West and Halsted Street. The property benefits from exceptional visibility, dual corner presence, and immediate access to one of the region’s most important transit nodes.

Transit‑Oriented Advantage

Directly across from the Brick Church Train Station, the site offers seamless connectivity to Manhattan, Newark, and regional employment centers. This transit proximity supports high‑density residential development and appeals to commuter‑driven demand.

Neighborhood Momentum

The surrounding district is undergoing a major transformation, including a new mixed‑use residential and retail development across from the station. This investment surge is elevating the area’s profile and strengthening long‑term fundamentals for new residential product.

Development Potential

The site’s scale, frontage, and corner configuration create a flexible canvas for a signature project. Ideal concepts include:

  • Luxury rental community 40-60 units

  • Modern condominium development 40-60 units

  • Mixed‑use residential with amenity‑driven ground floor

  • Transit‑oriented workforce housing

Zoning Positioning (High‑Level)

While final massing and density depend on municipal review, the site’s location within a transit‑rich, redevelopment‑focused corridor supports:

  • Increased residential density near Brick Church Station

  • Potential for structured parking or reduced parking ratios

  • Mixed‑use or amenity‑integrated ground‑floor programming

  • Height and FAR considerations aligned with TOD planning goals

Investment Summary

With unmatched visibility, dual corner exposure, and adjacency to a major transit hub, 62–68 Halsted Street is poised to become a landmark residential destination within East Orange’s evolving urban landscape.

Investment highlights

investment is grounded in three converging fundamentals:

  • Transit‑oriented demand from renters seeking direct rail access to Manhattan and Newark at a more attainable price point.

  • Municipal momentum supporting redevelopment, density, and mixed‑use growth around Brick Church Station.

  • Demonstrated private‑sector confidence, evidenced by new mixed‑use residential and retail projects rising within the immediate corridor.

This combination positions the site to deliver a high‑absorption, design‑forward residential asset with long‑term value appreciation supported by infrastructure, demographics, and sustained reinvestment. With dual corner exposure, exceptional visibility, and flexible massing potential, the project offers capital partners a scalable platform to participate in the next phase of East Orange’s urban evolution—where transit, affordability, and growth converge to create durable returns.

Listing Contacts

GJ
NJ NJ0674905
Coldwell Banker Commercial NRT Jersey City
Listed by Coldwell Banker Commercial NRT Jersey City

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Additional Information

Name
Gina Jabado
License
NJ0674905
Brokerage
Coldwell Banker Commercial
Brokerage Phone
2019631400
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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