228-236 Springdale Avenue, East Orange, NJ

$1,760,000

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About 228-236 Springdale Avenue

An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability. Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential. With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.

Features of 228-236 Springdale Avenue

MLS® # 25014384
Price $1,760,000
Bathrooms 0.00
Type 5+ Mixed Use
Status Active

Community Information

Address 228-236 Springdale Avenue
City East Orange
County ESSEX
State NJ
Zip Code 07017

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof See Remarks

Additional Information

Date Listed May 1st, 2025
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJill Biggs
OfficeColdwell Banker, Hoboken

Listing Map

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