deal image
68 Central AveCity of Orange, NJ 07050
68 Central ~ 82 Approved Units
Asset ClassMultifamily
# Units82
# Units: 82# Stories: 5Parking Spaces: 125 SpacesAccess Data Room
Fully Approved Development Site - 82 Units
overview of deal

Overview

68 Central Avenue in the City of Orange, NJ is a fully approved development site designated for a five-story multifamily residential building with 82 apartment units. The project presents a compelling opportunity to deliver thoughtfully designed rental housing in a steadily growing suburban community. With full entitlements in place, developers can immediately leverage the site’s strong fundamentals and capitalize on rising demand for well-located, transit-accessible living spaces in Northern New Jersey.

 

Ideally positioned just a 4-minute drive from Brick Church Station, the property offers residents direct NJ Transit rail service to New York City in approximately 26 minutes, making it a highly attractive option for daily commuters. Convenient highway access to Interstate 280, Garden State Parkway, and Route 21 ensures excellent regional mobility. The surrounding area is home to numerous local amenities, including Monte Irvin Orange Park, nearby shopping and dining districts, and vibrant cultural scenes in neighboring West Orange and Montclair. Major employers such as Prudential Financial, Panasonic, Johnson & Johnson, and Quest Diagnostics are within a short drive, reinforcing the site's appeal for professionals and families seeking both convenience and quality of life.

Access the Data Room

Investment Highlights

  • Located in an Opportunity Zone
  • PILOT Available Est. 10% of EGI
  • 4 Min Walk to Nearby Train to NYC
  • ~26 Min to NYC via Train
  • Easy Access to Major Highways I-280, Route 21, GSP
  • Close Proximity to Attractions and Amenities
deal gallery image
deal gallery image
deal gallery image
68 Central AveCity of Orange, NJ 07050

Inquire

Listing provided by Revere CRE