Building Details

Building Size 4,632 SF

Year Built 1950

Stories 1

Units 1

Tenancy Single

Listing Agency: Realty One Group Lifestyle Homes Show Phone

Listed By: Donna Kostovich Show Phone

Source: Cammarotarealestate

Added: Oct 12 Changed: Oct 22 Last Checked: Oct 22 at 2:34PM

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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 Realty One Group Lifestyle Homes

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Investment Insights

Based on property information with market context.

This 4,632-square-foot auto shop in Linden is currently leased for autobody repair services. The shop area has drive-in doors and suspended gas heaters, while a separate storage and warehouse area is reached through a drive-in door at the rear. The building dates to 1950 and is zoned Industrial.

The property is located at 2 Roselle St #1, Linden City, NJ 07036.

Key Highlights

• 4,632‑square‑foot auto shop, built in 1950
• Currently leased for autobody repair services
• Industrial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$66,114

Cap Rate

6.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,322,280 $1.3M

Cap Rate 7%

$944,486 $944.5K

Cap Rate 9%

$734,600 $734.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,632 SF

Gross rent

$100.1K $21.60/SF

− Vacancy

−$5.6K −$1.21/SF

EGI

$94.4K $20.39/SF

− OpEx

−$28.3K −$6.12/SF

NOI

$66.1K $14.27/SF

Area

Union County, NJ

Vacancy

5.60%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,322,280

Cap Rate 7%

$944,486

Cap Rate 9%

$734,600

Alternative Uses

Best Use

Retail

$944.5K

$826.4K – $1.10M (±1% cap)

NOI $66,114 @ 7.0% cap · market cap 6.96%

Second Best

Warehouse

$901.9K

$789.2K – $1.05M (±1% cap)

NOI $63,132 @ 7.0% cap · market cap 6.65%

Theoretical Best

Office A

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,666 @ 7.0% cap · market cap 8.91%

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

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Veterinary Clinic Acupuncture

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,260

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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Similar Off Market Nearby

• E&A Supreme Auto Body — 1006 W Elizabeth Ave, Linden, NJ 07036
• O&K-1 Auto Service — 615 W Elizabeth Ave, Linden, NJ 07036
• My Car Care Inc. — 615 w elizabeth ave, linden, nj 07036
• Gatoulis Auto Repair — 333 W Elizabeth Ave, Linden, NJ 07036
• in & Out — 333 W Elizabeth Ave, Linden, NJ 07036

Frequently Asked Questions

What type of property is this?

Auto shop - Industrial zoning and separate rear-access storage complement the gas-heated work area.

Where is this auto shop located?

The property is located at 2 Roselle St #1 Linden, NJ.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 4,632‑square‑foot auto shop, built in 1950; Currently leased for autobody repair services; Industrial zoning