Auto Shop
74 W WESTFIELD AVE Roselle Park, NJ 07204
74 W WESTFIELD AVE, Roselle Park, NJ, 07204
Contact for pricing
For Sale
Contact for pricing
For sale at 74 Westfield Ave W in Roselle Park, NJ, offered by Marcus & Millichap.
Property Size10,974 SF
Price / SF$338.07
Days on Market85
Property Features for 74 W WESTFIELD AVE
General Information
- Standard status
- Active
- Size
- 10,974 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Marcus & Millichap - New Jersey
(201) 742-6118
Listed by
Damien Rance · License #2079011
Source
Crexi
Added: Apr 28 Updated: Jul 20 at 4:50PM Checked: Jul 20 at 4:50PM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively present 74 Westfield Avenue W, a for-sale commercial property in Roselle Park, New Jersey. The offering includes a property size of 10,974 square feet.
The property is positioned as an automotive-oriented retail/commercial asset, aligning with the listed property types of auto shops and automotive properties. As presented, the asset is available for purchase.
Interested buyers and tenant/broker prospects should review the full offering details for information on the existing configuration, use, and any applicable operational considerations tied to the property’s automotive retail function.
The property is positioned as an automotive-oriented retail/commercial asset, aligning with the listed property types of auto shops and automotive properties. As presented, the asset is available for purchase.
Interested buyers and tenant/broker prospects should review the full offering details for information on the existing configuration, use, and any applicable operational considerations tied to the property’s automotive retail function.
Key Highlights
- Year built: 1950
- For sale: 74 Westfield Ave W, Roselle Park, NJ (Union County)
Local Financial Insights For Retail
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 | $237.0k | $21.60 |
| − Vacancy | −$13.3k | −$1.21 |
| EGI | $223.8k | $20.39 |
| − OpEx | −$67.1k | −$6.12 |
| NOI | $156.6k | $14.27 |
10,974 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.61M
NOI $156,635 @ 7.0% cap · market cap 4.22%
Second Best
Industrial
$1.76M
$1.54M – $2.05M
NOI $123,175 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,587 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Mavis Discount Tire
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Ultimate Auto Body — 624 W 1st Ave, Roselle, NJ 07203
- Mark's Auto Services — 500 W 1st Ave, Roselle, NJ 07203
- Покраска троку — 109 Aldene Rd, Roselle, NJ 07203
- Timmy’s Auto Repair — 500 W 1st Ave, Roselle, NJ 07203
- C&M Towing — 616 W 1st Ave, Roselle, NJ 07016
FAQs
What type of property is this?
Auto shop - For sale at 74 Westfield Ave W in Roselle Park, NJ, offered by Marcus & Millichap.
Where is this auto shop located?
The property is located at 74 W WESTFIELD AVE Roselle Park, NJ.
What is the asking price?
The asking price for this property is $3,710,000.
What are key features of this property?
This property features: Year built: 1950; For sale: 74 Westfield Ave W, Roselle Park, NJ (Union County)
