Functional Commercial Property with
For Sale
$499,900
222 Valley Rd, Roselle Park, NJ 07204
Versatile commercial property with roll-up door, ideal for warehousing.
Property Size1,400 SF
Price / SF$357.07
Days on Market522
Property Features for 222 Valley Rd
General Information
Standard status
Active
Size
1,400 SF
Taxes and HOA fees
Annual Taxes
$7,250
Building Details
Year Built
1960
Listing Agency:
RE/MAX FIRST REALTY II
Listed By:
SUSELLE SALERMO · License #301161
(908) 418-0577
Source:
Corcoran
Added: May 14, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 RE/MAX FIRST REALTY II
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Investment Insights
Based on property information with market context.
This versatile commercial property, with a size of 1400 square feet, is well-maintained and offers functionality and flexibility. It features a roll-up door with drive-in access, facilitating easy loading and unloading. Currently operating as a weld fabrication shop, the property is equipped with 3-phase electric and includes 1.5 bathrooms. A small office space provides a dedicated area for administrative tasks. The property consists of one unit and is outfitted with both heating and air conditioning, ensuring year-round comfort. This property offers potential for warehousing.
Key Highlights
- Roll‑up door with drive‑in access for easy loading and unloading.
- Equipped with 3‑phase electric, suitable for various commercial operations.
- Heating and air conditioning for year‑round comfort.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,081
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,620
$381.6K
Cap Rate 7%
$272,586
$272.6K
Cap Rate 9%
$212,011
$212.0K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$23.9K $17.04/SF
− Vacancy
−$1.4K −$1.01/SF
EGI
$22.4K $16.03/SF
− OpEx
−$3.4K −$2.41/SF
NOI
$19.1K $13.63/SF
Area
Union County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,620
Cap Rate 7%
$272,586
Cap Rate 9%
$212,011
Alternative Uses
Best Use
Warehouse
$272.6K
$238.5K – $318.0K
NOI $19,081 @ 7.0% cap · market cap 3.82%
Second Best
Industrial
$224.5K
$196.4K – $261.9K
NOI $15,714 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$365.6K
$319.9K – $426.5K
NOI $25,590 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 07204, NJ
13,984
Population
5,373
Households
2.6
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
11,653
Density / Sq Mi
$104,418
Median Household Income
$55,974
Median Earnings
$1,585
Median Rent
$405,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Versatile commercial property with roll-up door, ideal for warehousing.
Where is this manufacturing property located?
The property is located at 222 Valley Rd Roselle Park, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Roll‑up door with drive‑in access for easy loading and unloading.; Equipped with 3‑phase electric, suitable for various commercial operations.; Heating and air conditioning for year‑round comfort.
