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SOLD 25 2014

263 Main Street

West Orange, NJ

$650,000

Commercial

Property Type

Tax Assessment Analysis

Sale Price

$650,000

Total Assessed

$754,000

Sale vs. Assessed

-$104,000 (-13.8%)

Land Value

$157,100

Building Value

$596,900

West Orange Market Overview

$650,000

Median Price

102

Total Sales

-4.2%

Year over Year

Buyer's

Market Type

📊 Investment Analysis

$4,550

Est. Monthly Rent

$4,927

Est. Mortgage

7.4% · 20% down

-$377

Monthly Cash Flow

8.4%

Cap Rate

-3.5%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.

🏘 West Orange Neighborhood Guide

Walk Score

Car-Dependent

Min to NYC

With transfer

Neighborhoods in West Orange

Llewellyn Park $800,000 to $2,500,000+

Best for: Historic estate seekers, privacy, nationally significant architecture

St. Cloud $500,000 to $1,500,000

Best for: Single-family only, mountain living, families

Pleasant Valley / Pleasantdale $550,000 to $900,000

Best for: Families, Jewish community, suburban character

Eagle Rock $475,000 to $750,000

Best for: View seekers, diverse community, dining access

Gregory / Redwood $475,000 to $700,000

Best for: Nature lovers, families, zoo proximity

South Mountain $450,000 to $650,000

Best for: Nature lovers, families, value near the reservation

The Valley / Downtown $300,000 to $500,000

Best for: First-time buyers, artists, Edison history, value seekers

West Orange is 12.13 square miles of dramatic topography — from the valley floor where Thomas Edison built America's first movie studio to the 672-foot Eagle Rock overlook with panoramic Manhattan skyline views. Edison moved his laboratory and home to West Orange in 1886 and invented the motion pict...

Explore West Orange →