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Property profile & analytics
FOR LEASE
Commercial real estate

188 Eagle Rock Ave Roseland, NJ 07068

0.53 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US59-3145078
Property summary
AI-generated overview

This exceptional commercial property, located at 188 Eagle Rock Avenue, Unit 2B, Roseland, NJ, offers 1,995 square feet of versatile first-floor space ideally suited for a variety of professional uses. The layout includes four private offices, perfect for individual work or team collaboration, and a welcoming reception area designed to create a positive first impression for clients and visitors. Adding to the property's functionality is a sizable 300-square-foot storage area located in the basement, providing ample room for files, equipment, or inventory. The previous tenant was a law firm, demonstrating the suitability of the space for professional offices. The property sits on a half-acre lot (0.53 acres) and boasts convenient on-site management, ensuring smooth operations and prompt attention to any maintenance needs. Furthermore, the property offers excellent parking, a significant advantage in a busy commercial area. Its strategic location provides easy access to major routes and highways, simplifying commutes for employees and clients alike. This is a rare opportunity to acquire a well-maintained, conveniently located commercial space in a thriving area. The property is ready for immediate occupancy and presents a compelling investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.53 ac (23,087 SF)
Zoning code B-1
APN 18 00044-0000-00010
UPID US59-3145078
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
Current use
Occupant on record · Public records
  • Gerald P. Scala, Esq. Law Firm
  • Sharkey & Campisi Law Firm
  • Mamoun Sami MD FACS Physician Medical Clinic
  • Mamoun Plastic Surgery Physician Medical Clinic
  • Brightstar Realty & Rentals Llc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k
Owner & transaction history
Crowell Of Slingerland LLC · 10 yrs held
Crowell Of Slingerland LLC
since 2016
3 recorded transactions
2016
$1.9M
2007
$1.7M
1969
Price N/A
Zoning & alternative use
B-1 · Roseland, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the B-1 Business Zone only, all uses as permitted in the R-4 Residential Zone, provided that such use shall meet the greater (more restrictive) of the lot and yard requirements of the R-4 Residential Zone or B-1 Business Zone. 4. Traditional full service restaurants. No restaurant of any kind shall include drive-in or drive-through service; ordering and p…

Zone name Business District
General category COMMERCIAL
Zone area 15.65 ac
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