600 Chestnut St, Roselle Park Boro, NJ 07204
600 Chestnut St, Roselle Park Boro, NJ 07204
600 Chestnut St, Roselle Park Boro, NJ 07204
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$1,399,000
Est. payment /mo
4,999 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,999 sqft

Price per Sqft $279

MLS Listing ID 4036363

Year Built 1920

Annual Tax Amount $23,264

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

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 & 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.

Location

State NJ

County Union

Zoning Commercial

Rooms

Basement Full, Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling See Remarks

Flooring Concrete, Laminate

Equipment Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Wood

Garage Spaces 1.0

Utilities Available All Underground

Roof Type Asphalt Shingle, Flat

Building

Lot Description Corner

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by BHGRE ELITE

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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600 Chestnut St