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134-140 Eaton Pl - 134-140 Eaton Pl, East Orange, NJ 07017 0.16 Acres of Commercial Land Offered at $550,000 in East Orange, NJ 07017
Investment Highlights
- East Orange offers attractive land basis just 30 minutes from NYC by train, making it one of the most undervalued for-sale housing markets.
- The risk-reward is attractive: low land basis, strong end-user demand.
- Zoned R-2, permitting flexible development options including single and two-family residences.
- Demand is driven by priced-out Brooklyn and Jersey City buyers seeking ownership with NYC access.
- Easy access to major arterial routes including I-280 and the Garden State Parkway.
- Positioned in a rapidly appreciating neighborhood with strong ownership demand.
Executive Summary
East Orange offers attractive land basis just 30 minutes from NYC by train, making it one of the most undervalued for-sale housing markets in the region
Demand is driven by priced-out Brooklyn and Jersey City buyers seeking ownership with NYC access
The risk-reward is attractive: low land basis, strong end-user demand
Demand is driven by priced-out Brooklyn and Jersey City buyers seeking ownership with NYC access
The risk-reward is attractive: low land basis, strong end-user demand
Property Facts
| Price | $550,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Zoning | R2 - Medium-Density Residential Zone | ||
| Price | $550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.16 AC |
| Zoning | R2 - Medium-Density Residential Zone |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 0.16 AC |
| Price Per AC | $3,399,741.62 |
| Price | $550,000 |
| Price Per AC | $3,399,741.62 |
| Lot Size | 0.16 AC |
Single Family Home 2 Family Dwellings One Family Townhomes as per the R-2
Description
134-140 Eaton Place is a paved lot in East Orange, NJ, with R-2 zoning suitable for residential development uses including single-family homes and two-family dwellings. The site measures approximately 81 feet by 87 feet and is accessible to major transportation corridors such as I-280 and the Garden State Parkway. Local transit options allow direct connectivity to New York City in roughly 30 minutes.
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Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-00172-0000-00002 | Improvements Assessment | $15,700 |
| Land Assessment | $112,800 | Total Assessment | $128,500 |
Property Taxes
Parcel Number
05-00172-0000-00002
Land Assessment
$112,800
Improvements Assessment
$15,700
Total Assessment
$128,500
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134-140 Eaton Pl - 134-140 Eaton Pl, East Orange, NJ 07017
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