Log In/Sign Up
Your email has been sent.
Owner-User / Redevelopment Opportunity 99 Vose Ave 3,020 SF Vacant Office Building Online Auction Sale South Orange, NJ 07079
Matterport 3D Tour
Investment Highlights
- Vacant office asset ideal for owner-user or a value-add investment.
- Flexible B-1 zoning makes this a prime candidate for a range of developments within one of Northern New Jersey’s top transit-oriented communities.
- Nearby development projects, including Taylor Vose and Mosaic South Orange, underscore continued investment in the walkable Village Center district.
- 99 Vose Avenue offers a ±0.37-acre redevelopment site in Downtown South Orange, positioned for future residential or mixed-use projects.
- Strategic location just steps from South Orange Train Station, providing direct rail access to New York City in about 30 minutes.
- Convenient proximity to Seton Hall University supports sustained residential demand, reinforcing long-term redevelopment fundamentals in the area.
Executive Summary
As exclusive agent, Cushman & Wakefield is pleased to offer for sale 99 Vose Avenue in South Orange, New Jersey, comprising a +/- 0.37-acre redevelopment opportunity located in the heart of Downtown South Orange.
The property sits just steps from the South Orange Train Station, providing direct rail service to New York City in approximately 30 minutes. Situated within the B-1 (Primary Business) Zone, the site is well positioned for a future residential or mixed-use development within one of Northern New Jersey’s most desirable transit-oriented communities.
Downtown South Orange has experienced meaningful recent investment, highlighted by the completion of nearby mixed-use residential developments such as Taylor Vose and Mosaic South Orange. These projects have helped transform the Village Center into a vibrant, walkable district anchored by restaurants, retail, and cultural amenities. The property also benefits from proximity to Seton Hall University, further supporting strong demand for new residential development in the immediate area.
Lower Essex County makes up the second-largest multifamily submarket in North New Jersey, presenting broad demand fundamentals. Vacancies in the area sit at 9%, and the construction pipeline sits at its lowest level since Q4 2020. Favorable demographics within a 3-mile radius lend additional support for the redevelopment opportunity. The area is home to a growing population of more than 296,000, with an average household income of more than $110,000. This affluent residential base contributes over $3.1 billion in annual consumer spending, ensuring strong support for new housing projects.
Property tours are by appointment only. Please contact the listing broker to schedule.
The property sits just steps from the South Orange Train Station, providing direct rail service to New York City in approximately 30 minutes. Situated within the B-1 (Primary Business) Zone, the site is well positioned for a future residential or mixed-use development within one of Northern New Jersey’s most desirable transit-oriented communities.
Downtown South Orange has experienced meaningful recent investment, highlighted by the completion of nearby mixed-use residential developments such as Taylor Vose and Mosaic South Orange. These projects have helped transform the Village Center into a vibrant, walkable district anchored by restaurants, retail, and cultural amenities. The property also benefits from proximity to Seton Hall University, further supporting strong demand for new residential development in the immediate area.
Lower Essex County makes up the second-largest multifamily submarket in North New Jersey, presenting broad demand fundamentals. Vacancies in the area sit at 9%, and the construction pipeline sits at its lowest level since Q4 2020. Favorable demographics within a 3-mile radius lend additional support for the redevelopment opportunity. The area is home to a growing population of more than 296,000, with an average household income of more than $110,000. This affluent residential base contributes over $3.1 billion in annual consumer spending, ensuring strong support for new housing projects.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
3,020 SF
Building Class
C
Year Built
1930
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,510 SF
Building FAR
0.19
Lot Size
0.37 AC
Parcel Number
19-01909-0000-00011
Zoning
B-1 - Commercial
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
29,680
296,874
707,700
2020 Population
27,497
286,452
687,283
2030 Population
31,177
309,315
736,511
2025-2030 Projected Population Growth
5.0%
4.2%
4.1%
Daytime Employees
6,744
83,810
271,528
Total Businesses
876
9,723
27,541
Average Household Income
$162,059
$110,762
$111,742
Median Household Income
$123,531
$74,534
$76,968
Total Consumer Spending
$376.8M
$3.1B
$7.5B
Median Age
36.7
38.2
38.3
2025 Households
10,226
108,125
257,123
Percent College Degree or Above
28%
19%
19%
Average Home Value
$727,804
$552,099
$566,957
Sale Advisors
Sale Advisors
Jordan Sobel, Director
Jordan is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $50 million range in the suburban New York Metropolitan area.
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Andrew Schwartz, Managing Director
Andrew J. Schwartz is a Senior Director in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $20 million range in the suburban New York Metropolitan area.
Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Andre Balthazard, Sr. Associate
Andres’s team specializes in middle-market transactions in the Northern New Jersey and Suburban New York markets. Prior to joining the Capital Markets team, André interned with Cushman & Wakefield in the Sacramento, California, office, where he worked with teams that represented office and industrial tenants and landlords.
Daniel Bottiglieri, Senior Associate - Capital Markets
Daniel J. Bottiglieri is an Associate in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle market dispositions ranging from $2 million to $30 million with a specific focus on retail sales.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Taylor Cunningham
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
Contacts
-
Jordan Sobel -
Andrew Schwartz -
Andre Balthazard -
Daniel Bottiglieri -
Cushman & Wakefield
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Presented by
Owner-User / Redevelopment Opportunity | 99 Vose Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.