Freestanding Industrial
161 Church St South Orange, NJ 07079
New
161 Church St, South Orange, NJ, 07079
$399,900
Pending
For Sale
$399,900
Pending
As-is freestanding garage with high ceilings, office/storage/loft space, and gated parking for multiple vehicles.
Property Size1,995 SF
Lot Size0.13 Acres
Days on Market7
Property Features for 161 Church St
General Information
- Standard status
- Pending
- Size
- 1,995 SF
- Lot size
- 0.13 Acres
- Property subtype
- Land
Listing agency
(973) 740-1881
Listed by
DOUGLASS HOLMES
Source
Elliman
Added: Jul 16 Updated: Jul 21 at 8:03AM Checked: Jul 21 at 8:03AM
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 DOUGLASS HOLMES
Investment Insights
Based on property information with market context.
This is an as-is freestanding garage building located in the rear of the property, described as approximately 35 by 57 feet with high ceilings. The space includes office, storage, and loft areas, and it is currently being used as a woodworking shop. The property is behind gates and is described as providing outdoor parking within the gates, with additional parking available outside the gated area.
The site is on a dead-end section of the street and is described as being moments from the NYC train station. The property is located in the redevelopment zone identified as R-22. The remarks state that public water, natural gas lines, and sewer are present, though none have been used in a while; buyers should verify current availability and condition. Zoned R-22 is described as allowing townhouses, single- and two-family homes, and family day care, with a maximum building height of 35 feet up to three stories (check with the town for specific details).
The site is on a dead-end section of the street and is described as being moments from the NYC train station. The property is located in the redevelopment zone identified as R-22. The remarks state that public water, natural gas lines, and sewer are present, though none have been used in a while; buyers should verify current availability and condition. Zoned R-22 is described as allowing townhouses, single- and two-family homes, and family day care, with a maximum building height of 35 feet up to three stories (check with the town for specific details).
Key Highlights
- As‑is freestanding rear garage building (~35 ft by 57 ft) on a 0.131‑acre lot with high ceilings and office/storage/loft space
- Gated parking behind the gates for multiple vehicles, with room to park approximately 6–10 vehicles inside and ~10 additional vehicles outside
- Currently used as a woodworking shop; previously used as storage for a local new car dealership (grandfathered to continue current use)
Local Financial Insights For Flex RnD
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 | $51.9k | $26.04 |
| − Vacancy | −$3.1k | −$1.56 |
| EGI | $48.8k | $24.48 |
| − OpEx | −$17.1k | −$8.57 |
| NOI | $31.7k | $15.91 |
1,995 SF · lease $26.04/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$453.4K
$396.8K – $529.0K
NOI $31,741 @ 7.0% cap · market cap 7.94%
Second Best
Warehouse
$396.6K
$347.0K – $462.7K
NOI $27,759 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$520.9K
$455.8K – $607.8K
NOI $36,465 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Comerford John T
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Extra Space Storage — 317 Valley St, South Orange, NJ 07079
- AAA Manhattan Moving Company — 152 montague pl, south orange, nj 07079
FAQs
What type of property is this?
Warehouse - As-is freestanding garage with high ceilings, office/storage/loft space, and gated parking for multiple vehicles.
Where is this warehouse located?
The property is located at 161 Church St South Orange, NJ.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: As‑is freestanding rear garage building (~35 ft by 57 ft) on a 0.131‑acre lot with high ceilings and office/storage/loft space; Gated parking behind the gates for multiple vehicles, with room to park approximately 6–10 vehicles inside and ~10 additional vehicles outside; Currently used as a woodworking shop; previously used as storage for a local new car dealership (grandfathered to continue current use)
