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    FOR LEASE
    Super regional malls

    1510 Roosevelt Ave, Carteret, NJ 07008

    13,596 SF 1 ac lot Built 1965
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US59-2127515
    Property summary
    AI-generated overview

    This exceptional retail opportunity in Carteret, New Jersey, presents two available spaces at 1520 Roosevelt Avenue, zip code 07008. The property offers a flexible layout with options for businesses seeking either 1,000 square feet or 2,000 square feet of space. The smaller, 1,000 square foot space is fully renovated and ready for immediate occupancy, presenting a turnkey solution for a variety of retail uses. The larger, 2,000 square foot space requires a full renovation, providing a blank canvas for a business to create a custom fit-out tailored to their specific needs and brand identity. Both spaces benefit from a high-traffic location with excellent visibility and ample parking, ensuring strong customer accessibility. Located in a growing community, this property offers a unique opportunity to establish or expand a business in a thriving area. The monthly lease rate is competitively priced at $5,000. This property is classified as retail, with a subtype of restaurant or other retail uses. The tenancy is multiple, indicating the availability of both spaces. Don't miss this chance to secure a prime retail location in Carteret.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1965
    Total area 13,596 SF
    Lot 1 ac (43,560 SF)
    APN 01 02101-0000-00007
    UPID US59-2127515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.91M
    Owner & transaction history
    Amps Realty LLC · 1 yrs held
    Amps Realty LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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