Log In/Sign Up
Your email has been sent.
47 Chestnut St 1,800 SF 100% Leased Retail Building West Orange, NJ 07052 $599,900 ($333.28/SF) 6.50% Cap Rate
Investment Highlights
- 5 Car Garage, Office Space, 2 Bedroom Apartment; Separate Utilities
Executive Summary
Exceptional & well maintained mixed-use investment all-brick building with street-level retail storefront currently occupied by a long-established accounting firm and a spacious 2-bedroom apartment above. Tenants have occupied the building for 10+ years, offering stability and consistent occupancy history. Property includes 5 garages plus additional driveway parking, creating additional income potential and convenience. Separate utilities for each unit. Ideal opportunity for investors or owner-occupants seeking supplemental rental income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Building Class
C
Year Built
1926
Price
$599,900
Price Per SF
$333.28
Cap Rate
6.50%
NOI
$38,994
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.06 AC
Zoning
B-1 - Retail business
Parking
5 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Tenant Controlled HVAC
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-00134-0000-00001 | Total Assessment | $356,000 (2026) |
| Land Assessment | $150,000 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $206,000 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
22-00134-0000-00001
Land Assessment
$150,000 (2026)
Improvements Assessment
$206,000 (2026)
Total Assessment
$356,000 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
47 Chestnut St