Stabilized Retail Office
For Sale
Contact for pricing
Pending
111 W 2nd Ave, Roselle, NJ 07203
Stabilized, fully occupied 7-tenant retail/office building with basement storage and multiple tenant access points.
Property SizeContact for details
Days on Market148
Property Features for 111 W 2nd Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Office Units
7
Building Details
Year Renovated
1994
Stories
2
Tenancy
Multi
Listing Agency:
eXp Realty Montclair
Listed By:
William Beck · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Sep 2 at 6:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Montclair
Investment Insights
Based on property information with market context.
This stabilized 7-unit commercial retail/office building is currently fully occupied with tenants in good standing. The property was significantly renovated in 1994, with a two-story expansion added in 2004. The building includes basement storage and utility support areas, including an available basement storage area plus a split between current tenants, with both interior access between tenants and exterior access via Bilco doors.
The owner-managed structure includes current expense handling for taxes and insurance, and repairs above $400. Tenant mix at present includes a seafood store, salon, barbershop, cash checking, credit repair, tutoring business, and a private nursing business.
A basement storage area of approximately 3,000 square feet is available, with unique unit access and exterior basement access designed to support day-to-day operations for the existing tenants.
The owner-managed structure includes current expense handling for taxes and insurance, and repairs above $400. Tenant mix at present includes a seafood store, salon, barbershop, cash checking, credit repair, tutoring business, and a private nursing business.
A basement storage area of approximately 3,000 square feet is available, with unique unit access and exterior basement access designed to support day-to-day operations for the existing tenants.
Key Highlights
- Stabilized 7‑unit retail/office building in downtown Roselle, fully occupied with 7 tenants in good standing
- Current monthly rent roll of $10.5k
- Renovated in 1994, with a two‑story expansion added in 2004
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
132k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 38%
Electronics 2%
McDonald's
Dining
33,421 visits/mo
0.3 miles
Wendy's
Dining
23,826 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,289 visits/mo
0.3 miles
Dunkin' Donuts
Dining
11,017 visits/mo
0.1 miles
Bank of America
Shops & Services
9,451 visits/mo
0.2 miles
Demographics for 07203, NJ
22,715
Population
8,430
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
85%
High-School Grad
2.6 sq mi
ZIP Area
8,737
Density / Sq Mi
$82,967
Median Household Income
$45,458
Median Earnings
$1,499
Median Rent
$336,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Avatar Management LLC Plaza — 121 Chestnut St, Roselle, NJ 07203
Frequently Asked Questions
What type of property is this?
Shopping center - Stabilized, fully occupied 7-tenant retail/office building with basement storage and multiple tenant access points.
Where is this shopping center located?
The property is located at 111 W 2nd Ave Roselle, NJ.
What are key features of this property?
This property features: Stabilized 7‑unit retail/office building in downtown Roselle, fully occupied with 7 tenants in good standing; Current monthly rent roll of $10.5k; Renovated in 1994, with a two‑story expansion added in 2004
