7 Becker Farm RdRoseland, NJ 07068

Property Details for 7 Becker Farm Rd

Lot size

8.06 AC

Zone code

OB-2

Property type

Commercial real estate

APN

18 00030- 1-00013

APU

1800030100013

Description

This exceptional executive office property at 7 Becker Farm Road in Roseland, New Jersey, offers a significant opportunity for businesses seeking flexible and high-quality workspace. Located in Essex County, this 89,528 square foot building features multiple tenancy options, with a minimum divisible space of 4,268 square feet and a maximum contiguous space of 22,382 square feet. Currently, a substantial 81,087 square feet of office space is available, providing ample room for expansion or consolidation. The property's prime location in Roseland, NJ, offers easy access to major transportation routes, making it an ideal choice for companies seeking convenient commuting options for their employees. The building's design caters to the needs of executive offices, providing a professional and efficient work environment. Six individual spaces are currently available, ranging in size to accommodate various business needs. This is a rare opportunity to secure significant office space in a desirable location within Essex County. The address is 7 Becker Farm Road, Roseland, NJ 07068. Interested parties should inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $65,785,800

  6.5%

  $60,725,400

  7%

  $56,387,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,873,900

  Geo Method

  $45,873,900

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $119,554,000

  Retail / Commercial

  $61,306,900

  Mixed-Use / Specialty

  $61,088,300

  Hospitality / Lodging

  $44,818,500

  Office

  $60,725,400

  Institutional / Educational

  $63,507,200

  Residential Income

  $74,303,400

  Multifamily

  $89,115,500

  Automotive / Energy

  $54,434,800

  Parking / Income-Based Land

  $18,784,800

  Restaurant / Food Service

  $31,772,500

  Healthcare / Senior Housing

  $62,644,900

Location Insight

City

Roseland

County

Essex

State

New Jersey

Latitude

40.8174

Longitude

-74.3047

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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