Medical Office
188 Eagle Rock Ave, Roseland, NJ 07068
For Sale
New
Contact for pricing
Ground-floor space combines clinical rooms with reception, waiting, and private office areas.
Property Size1,275 SF
Price / SF$3.06
Days on Market2
Property Features for 188 Eagle Rock Ave
General Information
Standard status
Size
Net Rentable
Property subtype
Zoning
Site & Location
Highway Access
Utilities to Site
Additional Details
Floor
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
new led lights
new flooring
3 sinks/wash stations
Full
Gas-Natural
1275
36.70
Public Water
.53 AC
0.53
7
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Andrea Lew
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 2:51PM
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 Andrea Lew
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Investment Insights
Based on property information with market context.
The 1,275 RSF suite is on the first floor and includes three treatment rooms, a waiting area, reception, a billing office, a private office, and one bathroom. Three sinks or wash stations support the clinical layout. Improvements include LED lighting and updated flooring. The building dates to 1986, and the property is zoned Commercial.
Located at 188 Eagle Rock Ave in Roseland Boro, the property offers access to major routes and highways. The suite’s room arrangement is suited to medical or professional occupancy.
Located at 188 Eagle Rock Ave in Roseland Boro, the property offers access to major routes and highways. The suite’s room arrangement is suited to medical or professional occupancy.
Key Highlights
- 1,275 RSF first‑floor suite
- Three treatment rooms, plus waiting and reception areas
- Includes billing office, private office, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,984
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,680
$379.7K
Cap Rate 7%
$271,200
$271.2K
Cap Rate 9%
$210,933
$210.9K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$33.7K $26.40/SF
− Vacancy
−$2.0K −$1.58/SF
EGI
$31.6K $24.82/SF
− OpEx
−$12.7K −$9.93/SF
NOI
$19.0K $14.89/SF
Area
Essex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,680
Cap Rate 7%
$271,200
Cap Rate 9%
$210,933
Alternative Uses
Best Use
Office B
$278.7K
$243.9K – $325.1K
NOI $19,508 @ 7.0% cap · market cap 500.21%
Second Best
Healthcare Medical
$271.2K
$237.3K – $316.4K
NOI $18,984 @ 7.0% cap · market cap 486.77%
Theoretical Best
Office A
$332.9K
$291.3K – $388.4K
NOI $23,305 @ 7.0% cap · market cap 597.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 07068, NJ
6,299
Population
2,470
Households
2.6
Avg Household Size
49
Median Age
66%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
1,750
Density / Sq Mi
$160,644
Median Household Income
$89,771
Median Earnings
$3,293
Median Rent
$640,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Essex County, NJ
Properties on Market for Medical Office Space in Essex County
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Intervet Inc. — 56 Livingston Ave, Roseland, NJ 07068
- Lee Lorraine DVM — 215 Eagle Rock Ave, Roseland, NJ 07068, United States
- Gustafson Lelsie DVM — 215 Eagle Rock Ave, Roseland, NJ 07068
- Roseland Animal Care — 215 Eagle Rock Ave, Roseland, NJ 07068
Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-floor space combines clinical rooms with reception, waiting, and private office areas.
Where is this medical office space located?
The property is located at 188 Eagle Rock Ave Roseland, NJ.
What are key features of this property?
This property features: 1,275 RSF first‑floor suite; Three treatment rooms, plus waiting and reception areas; Includes billing office, private office, and bathroom
