Property profile

407 Hope Ave Roselle, NJ 07203

OFF-MARKET
Commercial real estate
Property ID
US59-0179458
140,000 SF 0.12 ac lot Built 1960
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction CONCRETE BLOCKS
Total area 140,000 SF
Lot 0.12 ac (5,442 SF)
Zoning code I
APN 14 00701-0000-00004
UPID US59-0179458

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
  • General Contractor

Location

407 Hope Ave Roselle, NJ 07203-1321
Roselle metro Census 34000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.33M
Blend (final) Blend
$1.00M

Owner & transaction history

since 2026
2 recorded transactions
2026
$600,000
2000
$140,000

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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