Property summary
This exceptional investment opportunity presents a fee-simple, Class A, 5,569 square foot retail property currently occupied by Northfield Bank under a Net Lease agreement. The property boasts a prime location at 501 N Wood Ave, Linden, NJ 07036, situated on a 0.33-acre lot with 11 parking spaces and a convenient drive-thru. The building features excellent visibility from a signalized intersection. The current lease with Northfield Bank, a strong and stable tenant, expires on February 28,… 2029, providing a remaining lease term of approximately 4.3 years. The property generates a substantial Net Operating Income (NOI) of $246,395, resulting in a compelling 7.00% cap rate. The asking price is $3,519,000, translating to a price per square foot of $631.89. The property is 100% occupied and benefits from a single tenancy. Northfield Bank recently renewed its lease for an additional 5 years. The property's strategic location is just 13 miles from Manhattan and is conveniently located just north of Linden's central business district. This is a rare opportunity to acquire a high-quality, net-leased investment property with a strong tenant and significant upside potential. There are no rent bumps included in the lease. The property is suitable for a 1031 exchange. Northfield Bank reported $127,211,000 in deposits as of June 30, 2023.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 22 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,569 SF
- Lot area
- 0.33 ac
- Year built
- 1973
- Stories
- 1
- APN
- 09 00244-0000-00008
- Assessed value · 2023
- $800,000
- Annual tax · 2022
- $59,312
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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