169-193 E Highland Pkwy, Roselle, NJ
24,500 SF industrial building with convenient access to major routes.
- Added:
- Oct 16, 2023
- Days on Market:
- 967
- Last Refresh:
- May 20 at 9:35 pm
Property Features for 169-193 E Highland Pkwy
General Information
- Standard status
- Active
- Size
- 24,800 SF
- Lot size
- 0.75 Acres
- Property subtype
- INDUSTRIAL
Listing agent Steve Jaynes (908) 255-3141
Listing office Bussell Realty Corp (908) 255-3141
Listing date Oct 16, 2023
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
HighLights
- Excellent Location: Close to major transportation arteries including Route 1‑9, NJ Turnpike, Garden State Parkway, Goethals Bridge, Port Newark Elizabeth & Newark Liberty Airport.
- Substantial Size: Features a total building area of 24,500 sf.
- Industrial Zoning: Suitable for various industrial activities.
- Equipped with 3 drive‑in doors for efficient loading and unloading.
- High Ceilings: Benefit from 17’ ceiling height.
- Adequate Power Supply: 200 amps of power available.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $422.6k | $17.04 |
| − Vacancy | −$24.9k | −$1.01 |
| EGI | $397.7k | $16.03 |
| − OpEx | −$59.6k | −$2.41 |
| NOI | $338.0k | $13.63 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Linden & Roselle Self Storage — 916 E Elizabeth Ave, Linden, NJ 07036
- Toledo Enterprise's & Consulting — 1401 Lincoln St, Linden, NJ 07036
Location Insight
- Map
- Local Demand
- City
- Roselle
- County
- Union
- State
- New Jersey
- Longitude
- -74.257
- Latitude
- 40.6461
