Office Unit with Multiple
For Sale
Contact for pricing
721 N Wood Ave., Linden, NJ 07036
Front-facing commercial entry and a multi-room layout support client-facing professional and service businesses.
Property Size735 SF
Price / SF$2.38
Days on Market95
Property Features for 721 N Wood Ave.
General Information
Standard status
Active
Size
735 SF
Total Parking Spaces
3
Building Details
Year Built
1900
Listing Agency:
CENTURY 21 ALLIANCE REALTY
Listed By:
STANISLAV NEMCIK
(908) 587-5222
Source:
Luminancerealty
Added: Jul 14
Changed: Oct 11
Last Checked: Oct 15 at 5:02AM
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 CENTURY 21 ALLIANCE REALTY
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Investment Insights
Based on property information with market context.
This 735 SF office unit has a front-facing commercial entrance on Wood Ave. and a layout divided into multiple rooms. The configuration is suited to professional and service-oriented operations, including office, wellness, beauty, PMU, chiropractic, and consulting uses identified for the space. The property was built in 1900.
The unit is located at 721 N Wood Ave. in Linden, two blocks from St. Goerges Avenue. The location provides access to major roadways and surrounding local business activity. A minimum of 3 assigned parking spots are provided at the rear of the property.
The unit is located at 721 N Wood Ave. in Linden, two blocks from St. Goerges Avenue. The location provides access to major roadways and surrounding local business activity. A minimum of 3 assigned parking spots are provided at the rear of the property.
Key Highlights
- 735 SF office unit with multiple rooms
- Front‑facing commercial entrance on Wood Ave.
- Minimum of 3 assigned parking spots at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,246
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,920
$224.9K
Cap Rate 7%
$160,657
$160.7K
Cap Rate 9%
$124,956
$125.0K
Market Conditions
NOI Build-Up for 735 SF
Gross rent
$22.1K $30.00/SF
− Vacancy
−$7.1K −$9.60/SF
EGI
$15.0K $20.40/SF
− OpEx
−$3.7K −$5.10/SF
NOI
$11.2K $15.30/SF
Area
Union County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,920
Cap Rate 7%
$160,657
Cap Rate 9%
$124,956
Alternative Uses
Best Use
Office B
$160.7K
$140.6K – $187.4K
NOI $11,246 @ 7.0% cap · market cap 642.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$191.9K
$167.9K – $223.9K
NOI $13,435 @ 7.0% cap · market cap 767.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Explore this area
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Front-facing commercial entry and a multi-room layout support client-facing professional and service businesses.
Where is this office units located?
The property is located at 721 N Wood Ave. Linden, NJ.
What are key features of this property?
This property features: 735 SF office unit with multiple rooms; Front‑facing commercial entrance on Wood Ave.; Minimum of 3 assigned parking spots at the rear
