This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

13-27 Scotland Rd
South Orange, NJ 07079
Retail and Multifamily Mixed-Use | Value Add · Multifamily Property For Sale · 15 Units

INVESTMENT HIGHLIGHTS

  • Opportunity to purchase a mixed-use investment comprising 15 multifamily units and five retail spaces.
  • In-place average residential rent is $1,048 per month with 70% upside to $1,500 per month.
  • Numerous recently completed development projects nearby, including a 110-unit apartment building directly adjacent to 13-27 Scotland Road.
  • One block to South Orange Train Station with one-seat access to New York Penn Station in under 30 minutes.
  • Seton Hall University, located 0.6 miles away, attracts people from the entire region and benefits the retail tenancy on the ground floor.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 15,000 SF
No. Stories 2
Year Built 1940
Zoning B-A1
Parcel Number 19-01006-0000-00004
  • Listing ID: 34234291

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 13-27 Scotland Rd, South Orange, NJ 07079

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}