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Warehouse Space Available For Rent
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44 Stockman St, West Orange, NJ

6,973 square foot warehouse suitable for various industrial uses.

Property Size6,973 SF
Lot Size0.37 Acres
Price / SF$315.50
Days on Market471

Property Features for 44 Stockman St

General Information

Standard status Active
Size 6,973 SF
Lot size 0.37 Acres
Property subtype INDUSTRIAL

Properties For Sale

at 44 Stockman St
44 Stockman St AVAILABLE, Now
Floor 1
Size 6,973 SF
Type INDUSTRIAL
Sublease No
Contact us
Listing Agency: Weichert Commercial Brokerage - Corporate
Listed By: Maria Lima
Source: Moodyscre
Added: Jul 17, 2025 Changed: Oct 28 Last Checked: Oct 28 at 11:33AM

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 Commercial Brokerage - Corporate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 6,973 square foot warehouse is available for rent. It is suitable for warehousing, Granite mechanic shop, or Truck or Bus repairs.

Key Highlights

  • Suitable for warehousing, mechanic shop, or truck/bus repairs.
  • Clean warehouse condition.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,025
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,940,500 $1.9M
Cap Rate 7%
$1,386,071 $1.4M
Cap Rate 9%
$1,078,056 $1.1M
Market Conditions
NOI Build-Up for 6,973 SF
Gross rent
$123.0K $17.64/SF
− Vacancy
−$8.9K −$1.27/SF
EGI
$114.1K $16.37/SF
− OpEx
−$17.1K −$2.46/SF
NOI
$97.0K $13.91/SF
Area
Essex County, NJ
Vacancy
7.20%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,940,500
Cap Rate 7%
$1,386,071
Cap Rate 9%
$1,078,056

Alternative Uses

Best Use
Warehouse
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,025 @ 7.0% cap · market cap 4.41%
Second Best
Industrial
$1.14M
$998.8K – $1.33M (±1% cap)
NOI $79,903 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,455 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Florist Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • West Orange Storage — 19 Central Ave, West Orange, NJ 07052
  • U-Box at U-Haul — 225 Scotland Rd, City of Orange, NJ 07050

Frequently Asked Questions

What type of property is this?
Warehouse - 6,973 square foot warehouse suitable for various industrial uses.
Where is this warehouse located?
The property is located at 44 Stockman St West Orange, NJ.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Suitable for warehousing, mechanic shop, or truck/bus repairs.; Clean warehouse condition.
(973) 864-0718 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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