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Roseland Office Building For Sale

39 Woodland Roseland, NJ 07068

39 Woodland, Roseland, NJ, 07068
$1,299,000
For Sale
$1,299,000

Commercial office building in Roseland's business corridor with parking.

Property Size3,000 SF
Price / SF$433
Days on Market139

Property Features for 39 Woodland

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Listing Agency REAL
Listed by ANTHONY SCORNAIENCHI
Source Corcoran
Added: Mar 3 Updated: Jul 6 at 10:30 am Checked: Jul 20 at 3:40 am

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 REAL


Investment Insights

Based on property information with market context.

This commercial office building, with over 3,000 square feet, is situated in the heart of Roseland’s established business corridor. Currently serving as the headquarters for Fortune Title, the property presents a move-in-ready opportunity for an owner-user or investor seeking a stable asset in a desirable Essex County market. The property is located on a generously sized parcel with 21 on-site parking spaces, providing an exceptional parking ratio. The ample lot allows for efficient traffic flow, employee parking, and client accessibility, making it well-suited for professional office, research, or light industrial users. The building is zoned Research Manufacturing (R/M), allowing for a wide range of permitted uses including research laboratories, limited manufacturing and assembly, light industrial operations, and professional or business offices. Office use is permitted within the zone and may comprise up to 20% of the total building area. This zoning designation provides long-term versatility and strong future-use optionality for buyers seeking flexibility beyond traditional office zoning. The property is strategically located with convenient access to Route 280 and other major regional roadways, with connectivity to Newark, Manhattan, and surrounding North Jersey business hubs. Roseland’s reputation as a professional and corporate-friendly municipality further enhances the property’s appeal for both owner-users and investors alike.

Key Highlights

  • Move‑in‑ready 3,000+ sq ft commercial office building in Roseland's business corridor
  • Benefit from 21 on‑site parking spaces, an exceptional parking ratio
  • Zoned Research Manufacturing (R/M) allowing for diverse uses

Local Financial Insights For Office B

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 $90.0k $30.00
− Vacancy −$28.8k −$9.60
EGI $61.2k $20.40
− OpEx −$15.3k −$5.10
NOI $45.9k $15.30
3,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$655.7K
$573.8K – $765.0K (±1% cap)
NOI $45,900 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$783.4K
$685.4K – $913.9K (±1% cap)
NOI $54,835 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fortune Title Agency Title Company

Suggested Use

Spa & Massage Center Real Estate Agency Restaurant Hair Salon Auto Parts Store Nail Salon Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Commercial office building in Roseland's business corridor with parking.
Where is this office building located?
The property is located at 39 Woodland Roseland, NJ.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Move‑in‑ready 3,000+ sq ft commercial office building in Roseland's business corridor; Benefit from 21 on‑site parking spaces, an exceptional parking ratio; Zoned Research Manufacturing (R/M) allowing for diverse uses
Contact an agent
More about this property
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