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    Property profile & analytics

    15 Oscar Dr Roosevelt, NJ 08555-7010

    • Warehouses
    • 23,728 SF
    • 2.21 lot acres
    OFF-MARKET
    Value Estimation
    $3,110,000
    Last Sale
    Mar 03, 2023
    $3,200,000
    Location Intelligence
    Property ID
    US59-1851635
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Roosevelt Appliance Repair / Appliance Repair Service / Microwave Oven Repair Service
    • Icy Cools, Inc / Ice Supplier
    • Action Packaging Automation / Packaging Company
    • Apai / Packaging Company

    Property Details for 15 Oscar Dr

    Lot size
    2.21 lot acres
    Property size
    23,728 SF
    Zone code
    I-80
    Property type
    Warehouses
    APN
    40 00006-0000-00019
    APU
    4000006000000019

    Description

    This exceptional 24,000 square foot industrial property, located at 15 Oscar Drive Unit 15 in Roosevelt, New Jersey, presents a significant opportunity for businesses seeking a strategic location and ample space. The property is ideally suited for manufacturing, warehousing, or distribution operations. Its design incorporates features specifically beneficial to large-scale operations, including high ceilings and convenient loading docks, facilitating efficient material handling and storage. The expansive square footage allows for flexible layouts to accommodate diverse operational needs. The property's strategic location near major highways ensures seamless transportation and logistics, minimizing transit times and maximizing operational efficiency. This translates to significant cost savings and improved overall business performance. The property's industrial-friendly infrastructure and adaptable space make it an attractive option for businesses looking to expand their operations or optimize existing processes. The asking price for this exceptional warehouse is $5,499,999. This represents a compelling investment opportunity in a thriving industrial market. The property sits on a 0-acre lot. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,120,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,830,000
      6.5%
      $3,330,000
      7%
      $3,415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,575,000
      Geo Method
      $2,925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,675,000
      Retail
      $2,865,000
      Mixed-Use
      $2,890,000
      Hospitality
      $3,215,000
      Educational
      $3,155,000
      Residential Income
      $2,815,000
      Energy
      $2,980,000
      Income-Based Land
      $2,670,000
      Food Service
      $2,710,000

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.4683
    Latitude
    40.2214
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $24,291
    $202,900
    $679,000
    $881,900
    -
    $202,900
    $679,000
    $881,900

    Comparable in this City

    • Value Estimation
      $240,000
      2,210 SF

      32 Vly Rd

      INDUSTRIAL (GENERAL) • 2,210 SF
      32 Vly Rd, Roosevelt, NJ 08555-7017
      View Details
    • Value Estimation
      $370,000
      3,804 SF

      1 Rochdale Ave

      COMMERCIAL (GENERAL) • 3,804 SF
      1 Rochdale Ave, Roosevelt, NJ 08555-7013
      View Details
    • Value Estimation
      $815,000
      3,000 SF

      1 Farm Ln

      OFFICE BUILDING • 3,000 SF
      1 Farm Ln, Roosevelt, NJ 08555-9800
      View Details
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    15 Oscar Dr
    Roosevelt, NJ 08555-7010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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