Roselle Industrial Property For
646-652 1st Ave Roselle, NJ 07203
646-652 1st Ave, Roselle, NJ, 07203
Contact for pricing
For Sale
Contact for pricing
Pending
Industrial property in Roselle, NJ, with convenient highway access.
Property Size25,574 SF
Days on Market1543
Property Features for 646-652 1st Ave
General Information
- Standard status
- Pending
- Size
- 25,574 SF
- Property subtype
- Industrial, Business for Sale
Listing agency
The Blau & Berg Company
(973) 379-6644
Listed by
Dylan Meade · License #2082622
Source
Crexi
Added: May 1, 2022 Updated: Jul 10 at 11:19AM Checked: Jul 17 at 7:34AM
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 The Blau & Berg Company
Investment Insights
Based on property information with market context.
This industrial property is located in Roselle, New Jersey. The property offers convenient access to major transportation routes, situated less than 2 miles from Route 9 and less than 5 miles from the Route 287/I-95 interchange. Newark Liberty International Airport is approximately 12 miles from the property. The building has a size of 25,574 square feet.
Key Highlights
- Close proximity to Garden State Parkway
- Less than 2 Miles from Route 9
- Less than 5 miles from Route 287 / I‑95 Interchange
Local Financial Insights For Industrial
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 | $435.8k | $17.04 |
| − Vacancy | −$25.7k | −$1.01 |
| EGI | $410.1k | $16.03 |
| − OpEx | −$123.0k | −$4.81 |
| NOI | $287.0k | $11.22 |
25,574 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.10M
$3.59M – $4.78M
NOI $287,049 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.68M
$5.84M – $7.79M
NOI $467,452 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Industrial property in Roselle, NJ, with convenient highway access.
Where is this industrial property located?
The property is located at 646-652 1st Ave Roselle, NJ.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Close proximity to Garden State Parkway; Less than 2 Miles from Route 9; Less than 5 miles from Route 287 / I‑95 Interchange
