Warehouse with Rear
439-443 E 1st Ave Roselle, NJ 07203
For Sale
Contact for pricing
Large rear parking area plus a partially leased warehouse building is available for sale.
Property Size19,368 SF
Price / SF$175.55
Days on Market135
Property Features for 439-443 E 1st Ave
General Information
- Standard status
- Active
- Size
- 19,368 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1943
Listing Agency:
Commercial Realty Partners LLC
Listed By:
Mark Bergamotto · License #NJ
Source:
Crexi
Added: Mar 11
Changed: Jul 23
Last Checked: Jul 23 at 4:02PM
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 Commercial Realty Partners LLC
Investment Insights
Based on property information with market context.
This warehouse property offers an owner-user setup with a building that is approximately 75% leased. The site includes a large rear parking area that can support on-site needs and may also be rented in addition to the building.
The property is located at 439-443 E 1st Ave in Roselle, New Jersey. With parking situated at the rear of the site, the configuration supports continued tenant operations while preserving space for flexible use of the parking area.
Offered for sale as a commercial real estate asset, the building totals approximately 19,368 square feet.
The property is located at 439-443 E 1st Ave in Roselle, New Jersey. With parking situated at the rear of the site, the configuration supports continued tenant operations while preserving space for flexible use of the parking area.
Offered for sale as a commercial real estate asset, the building totals approximately 19,368 square feet.
Key Highlights
- Partially leased warehouse building with 75% of the building currently leased
- Large rear parking area with space for 30+ vehicles, with rental potential
- Building constructed in 1943
Financial Insights For Warehouse
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 | $330.0k | $17.04 |
| − Vacancy | −$19.5k | −$1.01 |
| EGI | $310.6k | $16.03 |
| − OpEx | −$46.6k | −$2.41 |
| NOI | $264.0k | $13.63 |
19,368 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.77M
$3.30M – $4.40M
NOI $263,975 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.06M
$4.43M – $5.90M
NOI $354,016 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- RELIABLE AUTO SALES — 742 E 1st Ave, Roselle, NJ 07203
- Extra Space Storage — 615 E 1st Ave, Roselle, NJ 07203
FAQs
What type of property is this?
Warehouse - Large rear parking area plus a partially leased warehouse building is available for sale.
Where is this warehouse located?
The property is located at 439-443 E 1st Ave Roselle, NJ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Partially leased warehouse building with 75% of the building currently leased; Large rear parking area with space for 30+ vehicles, with rental potential; Building constructed in 1943
