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Multifamily Development Site with Bakery
For Sale
Contact for pricing
Pending

103-105 W Munsell Avenue, Linden, NJ 07036

Two existing buildings on adjacent lots, including a 2-family home and a manufacturing bakery structure, with development variances required.

Property SizeContact for details
Days on Market141

Property Features for 103-105 W Munsell Avenue

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Multifamily Units 2
Listing Agency: J.J. ELEK REALTY CO.
Listed By: GARY PERILLO
Source: Crexi
Added: Apr 12 Changed: Aug 26 Last Checked: Aug 28 at 11:51PM

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 J.J. ELEK REALTY CO.

Investment Insights

Based on property information with market context.

This for-sale property consists of a development site with existing improvements, including the 2-family home at 105 W Munsell Avenue and an adjacent manufacturing bakery building. The 2-family home has a full basement and operates with month-to-month tenancies. The first floor includes living room, kitchen, two bedrooms, and 1.5 baths, currently rented for $950. The second floor includes living room, kitchen, two bedrooms, and one bath, currently rented for $1,350.

Also on site is a manufacturing bakery building with a manufacturing area, office, storage, and bath. Equipment is not included in the sale. The property notes that variances are required for redevelopment into an apartment building or multi-family homes.

The listing references an adjacent parcel at 103 W. Munsell Avenue identified as lot 4.02, block 462, with lot dimensions of 46x234. Taxes are noted as $2,842, which have been added to the taxes showing on the listing.

Key Highlights

  • Development site with variances required for an apartment building or multi‑family homes
  • Includes 2‑family home at 105 W Munsell with full basement and month‑to‑month tenancies
  • 105 W Munsell rent: 1st floor LR, K, 2BR, 1.5BA at $950; 2nd floor LR, K, 2BR, 1BA at $1350

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Acupuncture Veterinary Clinic Nursing Home Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,406
Businesses Nearby

Demographics for 07036, NJ

45,161
Population
16,911
Households
2.7
Avg Household Size
40
Median Age
23%
College-Educated
85%
High-School Grad
10.9 sq mi
ZIP Area
4,143
Density / Sq Mi
$89,942
Median Household Income
$46,736
Median Earnings
$1,622
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two existing buildings on adjacent lots, including a 2-family home and a manufacturing bakery structure, with development variances required.
Where is this duplex located?
The property is located at 103-105 W Munsell Avenue Linden, NJ.
What are key features of this property?
This property features: Development site with variances required for an apartment building or multi‑family homes; Includes 2‑family home at 105 W Munsell with full basement and month‑to‑month tenancies; 105 W Munsell rent: 1st floor LR, K, 2BR, 1.5BA at $950; 2nd floor LR, K, 2BR, 1BA at $1350
More about this property
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