SQUARE FEET4,999
MLS#4036363
STATUS
PROPERTY TYPECommercial - Multiple
Property Description
Presenting very unique opportunity with this mixed-use development at 600 Chestnut Street in the heart of Roselle Park, New Jersey situated directly across from the NJ Transit Roselle Park Station on the (Raritan Valley Line, 2 stops to Newark Penn),This is not merely convenient it is a fundamental value driver for both the residential and commercial components of this property.. This 5-unit portfolio combines residential income with significant commercial build-out upside, making it one of the most strategically positioned investment properties currently available in Union County.This property offers a developer, investor, or owner-occupant the unique ability to create their own vision for the 5 units customizing layouts, finishes, and residential and commercial tenant mix to maximize long-term returns.At full stabilization, this property has the potential to generate $200,000 - $240,000 in gross annual income a compelling return profile for an asset located steps from one of New Jersey Train Stations
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full, Unfinished, Walkout
Fuel Type: Gas-Natural
Heating: 4+ Units
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle, Flat
Stories: 2.0
Taxes: $23,264
Year Built: 1920
Feature Descriptions
Days on Site: 8
Equipment Available: Smoke Detector
Exterior: Brick/Block, Wood
Flooring: Concrete, Laminate
Location: Business District, Corner
Lot: Corner
Lot Dimensions: 0.11 acre(s)
Max Door height: 0
Owner Pays: Sewer, Water
Parking: 1 Car Width
Parking Spaces: 1
Sewer: Public Sewer
Tenant Pays: Electric, Gas, Hot Water
Units: 5
Utilities: All Underground
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: BHGRE ELITE
Agency Contact: 908-316-8530
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
600 Chestnut St | MLS# 4036363
This commercial property located at 600 Chestnut St, Roselle Park, NJ 07204 is currently listed for sale with an asking price of $1,399,000. Search Roselle Park real estate on www.realtymarkllc.com today.