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Investment Highlights

  • • Licensed 33–34 Bed Facility with In-Place Income
  • • Adaptive Reuse or Affordable Housing Opportunity
  • • R-4 Zoning Allowing High-Density Multifamily

Executive Summary

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 primary value lies in the underlying land and redevelopment potential, making this an attractive opportunity to unlock residential density in a growing, transit-accessible submarket with increasing demand for well-located housing.
At the same time, the existing ±5,476 SF structure provides meaningful optionality. The property can be delivered vacant and, with updates and capital investment, may support continued use by a healthcare or residential care operator, or serve as an interim use while development plans, entitlements, and financing are secured.
This dual-path positioning allows investors to control a redevelopment site while maintaining flexibility, reducing carrying risk during the planning phase.
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, affordable housing groups, and value-add investors seeking a residential redevelopment play with interim use potential in Essex County.
Buyer to independently verify zoning, density, permitted uses, and redevelopment potential.

Property Facts

Price $995,000
Price Per Bed $29,265
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class C
Lot Size 0.41 AC
Building Size 5,476 SF
No. Beds 34
No. Stories 3
Year Built 1912
Parking Ratio 1.83/1,000 SF
Zoning R-4

Room Mix Information

Description No. Beds
- 0
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
05-00215-0000-00005
Land Assessment
$533,400
Improvements Assessment
$536,800
Total Assessment
$1,070,200
  • Listing ID: 39557025

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 146 S Munn Ave, East Orange, NJ 07018

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