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Property profile

215 1st Ave Roselle, NJ 07203

OFF-MARKET
Industrial properties
Property ID
US59-0724713
View Sample
0.64 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.64 ac (28,000 SF)
Zoning code I
APN 14 01601-0000-00003
UPID US59-0724713

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.45M

Owner & transaction history

since 2023
Last sale
$2.5M
3 recorded transactions
2023
$2.5M
2007
Price N/A
1990
$266,000

Zoning & alternative use

I · Roselle, NJ
Zoning description

The purpose of the Industrial Zone is to provide for the expansion and development of light industrial land uses in the Borough of Roselle to provide for a compatible land use relationship; to restrict the emission of an…

General category INDUSTRIAL

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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