Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1301 W Elizabeth Ave Linden, NJ

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    37,000 SF industrial space with convenient highway access.

    Type:INDUSTRIAL
    Property size:
    64,500 SF
    Lot size:
    4.38 Acres
    Added:
    May 30, 2024
    Days on Market:
    705
    Last Refresh:
    Apr 5 at 9:05 pm

    Property Features for 1301 W Elizabeth Ave

    General Information

    Standard status
    Active
    Size
    64,500 SF
    Lot size
    4.38 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1301 W Elizabeth Ave Contact us

    We can help!

    Listing Contact
    Jordan Metz
    Jordan Metz

    Listing agent Jordan Metz

    Listing office Bussell Realty Corp

    Listing date May 30, 2024

    Source Moodyscre

    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 Bussell Realty Corp

    Overview

    Industrial Space Near Major Routes

    This industrial property offers 37,000 square feet of available space within a 138,000 square foot multi-tenanted building, situated on a 4.64-acre site. The property features three tailboards and one drive-in door, complemented by a 24-foot clear height. It is equipped with 2,000 amp power and a wet sprinkler system. The location provides direct access to Routes 1-9 and 27, and is approximately half a mile from the New Jersey Turnpike and the Goethals Bridge, offering convenient access to Staten Island and Brooklyn. The property is also in close proximity to the Garden State Parkway, Newark Liberty Airport, and Port Newark/Elizabeth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • In Out Warehousing — 601 W Linden Ave, Linden, NJ 07036
    • US Prime Movers — 1301 W Elizabeth Ave Unit E, Linden, NJ 07036
    • Storage Post Self Storage — 1051 Edward St, Linden, NJ 07036
    • Extra Space Storage — 2255 Elizabeth Ave, Rahway, NJ 07065
    • Extra Space Storage — 1711 W Edgar Rd, Linden, NJ 07036

    Location Insight

    • Map
    • Local Demand
    City
    Linden
    County
    Union
    State
    New Jersey
    Longitude
    -74.2394
    Latitude
    40.6432

    Nearby Similar for Lease

    • $12,500/Mo

      Renovated Commercial Space on Elizabeth Avenue

      Versatile, renovated 6,130 sq ft commercial space in Linden City.
      720 E Elizabeth Ave, Linden City, NJ 07036-2690
      View Details
    • $1,900/Mo

      Modern Linden City Office Space

      Renovated office space with flexible layout and commuter convenience.
      216 W Elizabeth Ave, Linden City, NJ 07036-7205
      View Details
    • $4,500/Mo

      Mixed-Use Building in Linden City

      Versatile space with warehouse and office, customizable to tenant needs.
      9 W Stimpson Ave, Linden City, NJ 07036-4415
      View Details
    • $2,200/Mo

      Prime Storefront on Heavily Traveled Road

      Raw commercial space with high visibility and traffic.
      223 W Saint Georges Ave, Linden, NJ 07036-3948
      View Details
    • $4,000/Mo

      Restaurant Space with High Traffic

      Generous space with potential on a highly traveled road.
      237 W Saint Georges Ave, Linden City, NJ 07036
      View Details
    • $1,900/Mo

      Linden Renovated Office Space

      Renovated office space in Linden, NJ, near train station.
      216 W Elizabeth Ave, Linden City, NJ 07036
      View Details
    • $5,525/Mo

      Commercial Space in Busy Area

      Warehouse or retail space in a busy commercial area.
      1113 E Elizabeth, Linden, NJ 07036-2046
      View Details
    • $5,525/Mo

      Commercial Space in Busy Area

      Warehouse or retail space in a central Linden location.
      1113 E Elizabeth, Linden City, NJ 07036
      View Details
    • $4,900/Mo

      Second-Floor Office Suite Near Train

      2,860 SF office suite near train station available immediately.
      112 N Wood Ave, Linden City, NJ 07036
      View Details
    • $4,529/Mo

      Commercial Space in Busy Linden

      Warehouse or retail space in central Linden commercial area.
      1111 E Elizabeth, Linden City, NJ 07036
      View Details
    • $1,400/Mo

      Renovated Retail/Office Space Available

      Renovated 450 SF commercial space in Linden downtown.
      24 E Price St, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Prime Linden Office Space Available

      660 SF office space in prime Linden location.
      16 W Elizabeth Ave, Linden City, NJ 07036
      View Details

    FAQs

    What type of property is this?
    Warehouse - 37,000 SF industrial space with convenient highway access.
    Where is this warehouse located?
    The property is located at 1301 W Elizabeth Ave Linden, NJ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Direct access to Route 1‑9 and 27; Half mile to New Jersey Turnpike and Goethals Bridge; 2,000 Amp power
    (973) 493-0385 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jordan Metz
    Jordan Metz
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1301 W Elizabeth Ave, Linden, NJ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!