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Highly-Visible Former Financial Institution 201 N Wood Ave 17,000 SF Vacant Retail Building Online Auction Sale Linden, NJ 07036
Matterport 3D Tour
Investment Highlights
- Highly visible ±17,000 SF freestanding retail/office building situated on ±0.17 acres in the heart of Linden, New Jersey.
- Located at a signalized intersection with exposure to over 20,000 vehicles per day.
- The property is located near the Downtown District — featuring local shops, restaurants, cafés, and everyday conveniences
- Formerly occupied by Wells Fargo, the property showcases classic bank architecture, and a strong corner presence.
- Transit-oriented location just two blocks from Linden Station, with convenient access to Routes 9, 27, 278, and 95.
Executive Summary
Prominently positioned at a signalized intersection with visibility to more than 20,000 vehicles per day, 201 N Wood Avenue is a highly visible ±17,000-square-foot freestanding retail/office building situated on ±0.17 acres in the heart of Linden, New Jersey. Formerly occupied by Wells Fargo, the property showcases classic bank architecture, strong corner presence, and a layout that easily supports a wide range of modern commercial concepts.
Featuring a two-story design plus a full basement, the building offers flexible, highly adaptable floor plates. Expansive window lines, high ceilings, and generous open areas create a versatile environment suited for both single-tenant and multi-tenant configurations. The prominent corner location also provides excellent signage opportunities within a dense, active commercial corridor.
Ideally situated along Linden’s primary business district, the property offers exceptional accessibility in a transit-oriented location just two blocks from Linden Station, providing direct rail access to the Northeast Corridor and New York City. The site also benefits from convenient connectivity to Routes 9, 27, 278, and 95, enhancing regional reach. The surrounding area features a diverse residential population, strong daytime workforce, and a mix of national and local retailers—creating a stable, demand-rich environment for a variety of users.
Property tours are available by appointment only.
To schedule, please contact Brittany Leventoff at 845-807-9737.
Featuring a two-story design plus a full basement, the building offers flexible, highly adaptable floor plates. Expansive window lines, high ceilings, and generous open areas create a versatile environment suited for both single-tenant and multi-tenant configurations. The prominent corner location also provides excellent signage opportunities within a dense, active commercial corridor.
Ideally situated along Linden’s primary business district, the property offers exceptional accessibility in a transit-oriented location just two blocks from Linden Station, providing direct rail access to the Northeast Corridor and New York City. The site also benefits from convenient connectivity to Routes 9, 27, 278, and 95, enhancing regional reach. The surrounding area features a diverse residential population, strong daytime workforce, and a mix of national and local retailers—creating a stable, demand-rich environment for a variety of users.
Property tours are available by appointment only.
To schedule, please contact Brittany Leventoff at 845-807-9737.
Matterport 3D Tour
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Floor Plans
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Bank
Building Size
17,000 SF
Building Class
B
Year Built
1915
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.30
Lot Size
0.17 AC
Parcel Number
09-00252-0000-00004
Zoning
C1-B - Linden Station – Core Transit Village District – Mixed Use (SA-1).
Frontage
Walk Score®
Walker's Paradise (91)
About Parkway Cranford Corridor
The area surrounding Elizabeth, New Jersey benefits from its proximity to the Port of Newark, the Phillips 66 Refinery, and Newark Liberty International Airport. Multiple NJ Transit stations provide direct transportation to New York and Newark Penn Stations, as well as the rest of New Jersey. The NJ Turnpike intersects the community, connecting the area to the rest of the Northeast Seaboard.
The Mills at Jersey Gardens is the anchor of the retail scene here, while numerous big-box retailers also have large footprints, including IKEA, Walmart, Target, and Home Depot. Office employment is centered around jobs in transportation, warehousing, and manufacturing.
Retail investors were active in the area in 2023, with nearly $100 million trading hands, above the three-year pre-pandemic average of $52 million. Helped by sales of neighborhood centers, the average transaction price in this retail node jumped 19% last year to $275 per square foot.
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
24,924
179,100
458,208
2020 Population
26,049
184,012
473,504
2029 Population
24,360
175,708
449,451
2024-2029 Projected Population Growth
-2.3%
-1.9%
-1.9%
Daytime Employees
10,047
69,352
208,033
Total Businesses
1,369
7,247
18,775
Average Household Income
$91,721
$97,574
$106,929
Median Household Income
$74,806
$76,327
$81,711
Total Consumer Spending
$274.1M
$2B
$5.3B
Median Age
39.8
40.1
39.6
2024 Households
9,078
64,633
161,057
Percent College Degree or Above
15%
17%
19%
Average Home Value
$405,071
$405,322
$465,828
Nearby Major Retailers
Sale Advisors
Sale Advisors
Jacklene Chesler, Vice Chair
Jacklene serves as Vice Chair and provides Investment Sales & Advisory expertise to institutional and private investors. She focuses on all major product types including Office, Industrial, Retail, Residential/Mixed Use and Land. She has vast experience in working with Special Servicers (Loan and REO teams), Asset Mangers and other Fidicuciary Agents on CMBS and balance sheet properties, and other type of distressed assets. She is also very active with marketing and selling properties via online auctions, most notable Tenx.com.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Patrick Norris, Vice President
Patrick Norris, Vice President, has been part of the commercial real estate industry since 2016. He specializes in institutional, as well as private investor sale transactions throughout New Jersey and the surrounding tri-state metropolitan region. In addition to executing highly competitive traditional marketing campaigns, Patrick is an expert at selling properties via online auction platforms including Ten-X Commercial.
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Pace Zambito
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Presented by
Highly-Visible Former Financial Institution | 201 N Wood Ave
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