commercial child or adult daycare brokerage inc building ... · 2010 owner occupied housing units...

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Commercial Brokerage , Inc . Excellent Location for Families, Child or Adult Day Care Will Build to Suit up to 7000 SF Drop off Area- Front Door Large Outdoor Space Fenced In Public Transportation in Front of Building Vast Parking Lot and Non-Metered Street Parking Conveniently Located to Route I-280, GSP and NJ Turnpike Lease Rate: Upon Request Child or Adult DayCare Building For Lease 44 Washington Street West Orange, NJ 07052 No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. www.weichertcommercial.com Exclusive Broker David R. Williams Senior Vice President Office: (973) 267-7778 Cell: (201) 218-0658 [email protected] Scott Maynard Senior Vice President Office: (973) 267-7778 Cell: (973) 477-7116 [email protected] Maria Lima Sales Associate Office: (973) 267-7778 Cell: (973) 864-0718 [email protected] *Rendering

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CommercialBrokerage, Inc..

• Excellent Location for Families, Child or Adult Day Care

• Will Build to Suit up to 7000 SF

• Drop off Area- Front Door

• Large Outdoor Space Fenced In

• Public Transportation in Front of Building

• Vast Parking Lot and Non-Metered Street Parking

• Conveniently Located to Route I-280, GSP and NJ Turnpike

• Lease Rate: Upon Request

Child or Adult DayCareBuilding For Lease

44 Washington StreetWest Orange, NJ 07052

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

David R. WilliamsSenior Vice PresidentOffice: (973) 267-7778

Cell: (201) 218-0658 [email protected]

Scott MaynardSenior Vice PresidentOffice: (973) 267-7778

Cell: (973) 477-7116 [email protected]

Maria LimaSales Associate

Office: (973) 267-7778 Cell: (973) 864-0718

[email protected]

*Rendering

CommercialBrokerage, Inc..

44 Washington StreetWest Orange, NJ 07052

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

CommercialBrokerage, Inc..

44 Washington StreetWest Orange, NJ 07052

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

CommercialBrokerage, Inc..

44 Washington StreetWest Orange, NJ 07052

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

44 Washington StreetWest Orange, NJ 07052

TRAFFIC COUNT

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Traffic Count Map44 Washington St, West Orange Twp, New Jersey, 07052 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.78601

Longitude: -74.22812

Source: ©2016 Kalibrate Technologies

December 01, 2016

©2016 Esri Page 1 of 1

CommercialBrokerage, Inc..

44 Washington StreetWest Orange, NJ 07052

DEMOGRAPHICS

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Executive Summary44 Washington St, West Orange Twp, New Jersey, 07052 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.78601

Longitude: -74.22812

1 mile 3 miles 5 milesPopulation

2000 Population 33,715 266,099 705,1192010 Population 32,959 256,999 686,6272016 Population 33,807 259,914 698,5972021 Population 34,740 264,837 715,4232000-2010 Annual Rate -0.23% -0.35% -0.27%2010-2016 Annual Rate 0.41% 0.18% 0.28%2016-2021 Annual Rate 0.55% 0.38% 0.48%2016 Male Population 46.7% 46.8% 47.5%2016 Female Population 53.3% 53.2% 52.5%2016 Median Age 36.5 37.0 36.9

In the identified area, the current year population is 698,597. In 2010, the Census count in the area was 686,627. The rate of change since 2010 was 0.28% annually. The five-year projection for the population in the area is 715,423 representing a change of 0.48% annually from 2016 to 2021. Currently, the population is 47.5% male and 52.5% female.

Median Age

The median age in this area is 36.5, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 25.4% 32.1% 40.6%2016 Black Alone 57.4% 49.3% 39.6%2016 American Indian/Alaska Native Alone 0.6% 0.4% 0.4%2016 Asian Alone 2.7% 4.2% 5.5%2016 Pacific Islander Alone 0.0% 0.0% 0.0%2016 Other Race 9.5% 9.8% 10.3%2016 Two or More Races 4.3% 4.0% 3.6%2016 Hispanic Origin (Any Race) 24.8% 23.8% 25.4%

Persons of Hispanic origin represent 25.4% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 79.9 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 12,313 98,463 253,6082010 Households 11,967 96,400 250,7102016 Total Households 12,178 97,224 254,4492021 Total Households 12,475 98,921 260,2202000-2010 Annual Rate -0.28% -0.21% -0.11%2010-2016 Annual Rate 0.28% 0.14% 0.24%2016-2021 Annual Rate 0.48% 0.35% 0.45%2016 Average Household Size 2.77 2.64 2.69

The household count in this area has changed from 250,710 in 2010 to 254,449 in the current year, a change of 0.24% annually. The five-year projection of households is 260,220, a change of 0.45% annually from the current year total. Average household size is currently 2.69, compared to 2.68 in the year 2010. The number of families in the current year is 168,138 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

December 01, 2016

©2016 Esri Page 1 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

CommercialBrokerage, Inc..

44 Washington StreetWest Orange, NJ 07052

DEMOGRAPHICS

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Executive Summary44 Washington St, West Orange Twp, New Jersey, 07052 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.78601

Longitude: -74.22812

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $47,482 $52,959 $54,4322021 Median Household Income $44,289 $50,744 $52,8212016-2021 Annual Rate -1.38% -0.85% -0.60%

Average Household Income

2016 Average Household Income $67,886 $80,555 $85,6012021 Average Household Income $71,762 $86,005 $91,5392016-2021 Annual Rate 1.12% 1.32% 1.35%

Per Capita Income2016 Per Capita Income $24,516 $30,623 $31,8722021 Per Capita Income $25,819 $32,603 $33,9762016-2021 Annual Rate 1.04% 1.26% 1.29%

Households by IncomeCurrent median household income is $54,432 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $52,821 in five years, compared to $59,476 for all U.S. households

Current average household income is $85,601 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $91,539 in five years, compared to $84,021 for all U.S. households

Current per capita income is $31,872 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $33,976 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 12,958 104,458 268,6862000 Owner Occupied Housing Units 4,809 39,796 112,4362000 Renter Occupied Housing Units 7,504 58,667 141,1722000 Vacant Housing Units 645 5,995 15,078

2010 Total Housing Units 12,815 106,104 276,1662010 Owner Occupied Housing Units 4,618 39,088 110,2832010 Renter Occupied Housing Units 7,349 57,312 140,4272010 Vacant Housing Units 848 9,704 25,456

2016 Total Housing Units 13,269 108,546 284,0722016 Owner Occupied Housing Units 4,307 36,425 104,7222016 Renter Occupied Housing Units 7,872 60,799 149,7282016 Vacant Housing Units 1,091 11,322 29,623

2021 Total Housing Units 13,643 110,542 290,7632021 Owner Occupied Housing Units 4,376 36,865 106,6042021 Renter Occupied Housing Units 8,099 62,056 153,6162021 Vacant Housing Units 1,168 11,621 30,543

Currently, 36.9% of the 284,072 housing units in the area are owner occupied; 52.7%, renter occupied; and 10.4% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 276,166 housing units in the area - 39.9% owner occupied, 50.8% renter occupied, and 9.2% vacant. The annual rate of change in housing units since 2010 is 1.26%. Median home value in the area is $362,256, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.61% annually to $392,427.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

December 01, 2016

©2016 Esri Page 2 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

CommercialBrokerage, Inc..