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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 Market379

Property Features for 44 Stockman St

General Information

Standard status Active
Size 6,973 SF
Lot size 0.37 Acres
Property subtype INDUSTRIAL
Listing Agency: Weichert Commercial Brokerage - Corporate
Listed By: Maria Lima
Source: Moodyscre
Added: Jul 17, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:38AM

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

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 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 $123.0k $17.64
− Vacancy −$8.9k −$1.27
EGI $114.1k $16.37
− OpEx −$17.1k −$2.46
NOI $97.0k $13.91
6,973 SF · lease $17.64/SF/yr · vacancy 7.20% · expense 15.00%

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.

Property 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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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