134 Blackwell St Unit REAR, Dover, NJ 07801

Building Details

Buildings 1 More

Stories 1 More

Units 1 More

Listed By: Eddie Matos Show Phone

Added: Aug 9

Report an Issue

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,399

Suggested Prices Based on Cap Rates

Cap Rate 5%

$227,980 $228.0K

Cap Rate 7%

$162,843 $162.8K

Cap Rate 9%

$126,656 $126.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,300 SF

Gross rent

$17.5K $13.44/SF

− Vacancy

−$1.2K −$0.91/SF

EGI

$16.3K $12.53/SF

− OpEx

−$4.9K −$3.76/SF

NOI

$11.4K $8.77/SF

Area

Morris County, NJ

Vacancy

6.80%

Lease Rate

$13.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$227,980

Cap Rate 7%

$162,843

Cap Rate 9%

$126,656

Alternative Uses

Best Use

Flex RnD

$293.3K

$256.7K – $342.2K (±1% cap)

NOI $20,534 @ 7.0% cap · market cap 912.62%

Second Best

Warehouse

$253.1K

$221.5K – $295.3K (±1% cap)

NOI $17,718 @ 7.0% cap · market cap 787.47%

Theoretical Best

Office A

$339.5K

$297.0K – $396.0K (±1% cap)

NOI $23,762 @ 7.0% cap · market cap 1,056.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Shear Bliss Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service (Bike/Boat/Book/etc) Store Law Firm Catering Service

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

Location Intelligence

Trade Area within ½ mile

629

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 07801, NJ

25,935

Population

9,442

Households

2.7

Avg Household Size

38

Median Age

22%

College-Educated

81%

High-School Grad

13.0 sq mi

ZIP Area

1,995

Density / Sq Mi

$78,053

Median Household Income

$37,316

Median Earnings

$1,747

Median Rent

$369,400

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

Similar For Sale Nearby

See more

Freestanding Storefront Building

135 E McFarlan St, Dover, NJ 07801

Contact for pricing

1,056 SF

View details

Two-Unit Duplex with Garage

209 W Chrystal St Ab, Dover, NJ 07801

$699,000

1,650 SF

View details

Retail Storefront for Sale

249 E Blackwell St, Dover, NJ 07801

$1,099,990

2,000 SF

View details

Fully Equipped Restaurant with Liquor License

62 E Mc Farlan St, Dover, NJ 07801

Contact for pricing

2,376 SF

View details

Mixed-Use Building with Office

5 Richards Ave, Dover, NJ 07801

$679,000

3,742 SF

View details

Office Condo with Owned Solar Panels

Dover, NJ 07801

$1,100,000

4,766 SF

View details

Historic Theater with Apartments

39 W Black Well St Abcde, Dover, NJ 07801

$3,750,000

5,413 SF

View details

Historic Theater with Retail, Apartments

39 W Black Well St Abcde, Dover, NJ 07801

$3,750,000

0.46 Acres

View details

Dover Place of Worship

37 E Blackwell St, Dover, NJ 07801

$1,600,000

20,000 SF

View details

Two-Unit Duplex

141 Lincoln Ave, Dover, NJ 07801

$524,500

0.11 Acres

View details

Side-by-Side Duplex

Dover, NJ 07801

$550,000

0.25 Acres

View details

Duplex with Wraparound Deck

86 Maple Ave Ab, Dover, NJ 07801

$650,000

View details

Frequently Asked Questions

What type of property is this?

Flex space - Storage/Warehouse For Rent

Where is this flex space located?

The property is located at 134 Blackwell St Unit REAR Dover, NJ.