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Property profile

115 2nd Ave Roselle, NJ 07203

OFF-MARKET
Industrial properties
Property ID
US59-0178944
View Sample
3,600 SF 0.1 ac lot Built 1915
Entity Owned 20-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1915
Construction CONCRETE BLOCKS
Total area 3,600 SF
Lot 0.1 ac (4,500 SF)
Zoning code B
APN 14 03002-0000-00025
UPID US59-0178944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop
  • Tutoring Service
  • Restaurant
  • Restaurant
  • Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
$620k
Comparable Approach Comparable
$416k
Blend (final) Blend
$415k

Owner & transaction history

since 2006
3 recorded transactions
2006
$1
2001
$265,000
1969
Price N/A

Zoning & alternative use

B · Roselle, NJ
Top alternative use upside
Commercial (general) $825,000 +32.5%
Office building $735,000 +17.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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