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Financial
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Property profile

120 Aldene Rd Roselle, NJ 07203

FOR LEASE
Other industrial properties
Property ID
US59-1085891
18,606 SF 8.31 ac lot Built 1957
Last sale Mar 2025 · $24,395,730
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This for-lease industrial property comprises a 14,071-square-foot facility situated on approximately 8.7 acres of land. The site is laid out and positioned to support a range of industrial uses, subject to applicable approvals. Vehicular access to regional transportation routes is available via nearby interchanges and highways, including GSP Exit 137 about 1.8 miles away, US Highways 1 & 9 approximately 4.1 miles away, and I-78 Exit 52 roughly 4.5 miles away; Newark Liberty International Airport is about 11 miles from the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$158k
Tax billed · 2022
Assessed value · 2023$1.85M
Assessed land$1.28M
Assessed improvement$572k
Effective rate8.54%

Value estimate

· Oct 2026
$11.95M
$10.75M – $13.14M
AI approach$10.57M

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$111 – $273
Qualifying comparables20

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
The purpose of the Industrial Zone is to provide for the expansion and development of light industrial land uses in the Borough of Rosell...
General categoryINDUSTRIAL
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office26.4
Spa & Massage20.3
Hair Salon19.8

Location

120 Aldene Rd Roselle, NJ 07203
County assessor Recorded deeds · 3 transfers 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
260 Columbus, Roselle, NJ 07203-2018 $2,050,000 Oct 2022 14,628 SF
300 Cox, Roselle, NJ 07203-1704 $3,500,000 Jul 2022 15,996 SF
490 1st, Roselle, NJ 07203-1041 $3,225,000 May 2021 23,500 SF
217-221 Highland, Roselle, NJ 07203-2616 $1,326,000 Apr 2021 11,800 SF
205 1st, Roselle, NJ 07203-1301 $800,000 Feb 2020 12,240 SF
450 1st, Roselle, NJ 07203-1043 $3,429,795 Jun 2019 32,650 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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