Properties

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 & NY Penn Station. NJ Transit Bus 113 directly to the Port Authority Bus Terminal in Midtown Manhattan. 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. Two 3bedrooms apartments & 3 commercial Units. 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. Minutes away from Robert Gordon Elementary School, Roselle Park Middle School, and Roselle Park High Schools.

Features

  • Heating System : 4+ Units
  • Cooling System : See Remarks
  • Basement : Full, Unfinished, Walkout
  • Roof Deck : Asphalt Shingle, Flat
  • Furnished : Laminate, Concrete
  • Lot Description: Corner
  • Tax Assessed Valuation: 516300
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: BHGRE ELITE
  • Office MLS ID: 4952
  • Agent ID: 285389
  • Tax: 23264
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$1,399,000

600 Chestnut St, Roselle Park Boro, *

  • SQFT 5,000 Acre
  • Built Year 1920

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5441536
  • Price: $1,399,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate
  • Lot Area: 5,000 Acre
  • Status: Active
  • Days On Market: 16

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Roselle Park Boro
  • Zipcode *
  • Street: Chestnut St
  • Street Number: 600
  • Street Direction: Westfield Ave to Chestnut St
  • Floor Number: 0
  • Longitude: W75° 44' 4.4''
  • Latitude: N40° 40' 4.8''
  • Internet Display Address: Yes
Property