About 384 Glenwood Avenue
Turnkey Mixed-Use Investment Property with Strong Income Potential! Investor alert! This fully functional mixed-use property in the heart of East Orange presents an outstanding opportunity to secure a high-yield asset in a rapidly developing market. The property consists of three total units: two well-maintained residential apartments and one highly visible ground-floor commercial space. Both residential units offer 2 bedroom 1 bath layouts designed for long-term tenancy and low turnover. The commercial unit features excellent street frontage and strong local foot traffic. Adding to the value is a rare on-site amenity: five private garages an attractive feature in this area that can generate additional monthly income or serve as added convenience for tenants and business operations. Located in a high-demand rental area with close proximity to public transit, major highways, retail, and dining, this property is strategically positioned for both immediate cash flow and long-term app
Features of 384 Glenwood Avenue
| MLS® # | 25011271 |
|---|---|
| Price | $749,999 |
| Bathrooms | 0.00 |
| Type | Commercial Sale/Lease |
| Sub-Type | Industrial |
| Style | Other |
| Status | Active |
Community Information
| Address | 384 Glenwood Avenue |
|---|---|
| City | East Orange |
| County | ESSEX |
| State | NJ |
| Zip Code | 07017 |
Amenities
| Utilities | Sep Elec, Sep Gas, Sep Water |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | Gas |
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | April 7th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Peter Tlatelpa |
|---|---|
| Office | Real |