Freestanding Auto Repair
For Sale
$950,000
2 Roselle St, Linden, NJ 07036
Existing autobody repair use with shop access, gas heat, and separate warehouse storage.
Property Size4,632 SF
Price / SF$205.09
Days on Market102
Property Features for 2 Roselle St
General Information
Standard status
Active
Size
4,632 SF
Amenities
DRIVE-IN DOORS
SUSPENDED GAS HEATERS
Building Details
Year Built
1950
Tenancy
Single
Listing Agency:
WEICHERT REALTORS
Listed By:
DONNA KOSTOVICH
(908) 757-7780
Source:
Luminancerealty
Added: Jul 19
Changed: Oct 25
Last Checked: Oct 26 at 5:52PM
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 WEICHERT REALTORS
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Investment Insights
Based on property information with market context.
This 4,632-square-foot freestanding auto shop was built in 1950 and is currently leased for autobody repair use. The shop area includes drive-in doors and suspended gas heaters, supporting vehicle service operations and indoor work space.
A separate storage and warehouse area is accessed through a rear drive-in door, providing distinct space for inventory, equipment, or related operations. The property is located at 2 Roselle St in Linden City, New Jersey.
A separate storage and warehouse area is accessed through a rear drive-in door, providing distinct space for inventory, equipment, or related operations. The property is located at 2 Roselle St in Linden City, New Jersey.
Key Highlights
- 4,632 SF freestanding auto shop
- Currently leased for autobody repair use
- Drive‑in doors serve the shop area
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
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
NOI $66,114 @ 7.0% cap · market cap 6.96%
Second Best
Warehouse
$901.9K
$789.2K – $1.05M
NOI $63,132 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,666 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in Northeast region
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 - Existing autobody repair use with shop access, gas heat, and separate warehouse storage.
Where is this auto shop located?
The property is located at 2 Roselle St 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 SF freestanding auto shop; Currently leased for autobody repair use; Drive‑in doors serve the shop area
