You are browsing as a guest. Register to access key data for free.
Property profile

356 1st Ave Roselle, NJ 07203

OFF-MARKET
Industrial properties
Property ID
US59-0820010
View Sample
7,574 SF 0.33 ac lot Built 1958
Entity Owned 12-yr Hold Free & Clear

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1958
Construction CONCRETE BLOCKS
Total area 7,574 SF
Lot 0.33 ac (14,401 SF)
Zoning code I
APN 14 04701-0000-00001
UPID US59-0820010

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
  • Factory Industrial Manufacturer

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$693k
Blend (final) Blend
$415k

Owner & transaction history

since 2014
2 recorded transactions
2014
$410,000
2004
$460,000

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
Top alternative use upside
Commercial (general) $1.7M +32.5%
Office building $1.5M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 356 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message