600 Chestnut St, Roselle Park Boro, NJ 07204
600 Chestnut St, Roselle Park Boro, NJ 07204
600 Chestnut St, Roselle Park Boro, NJ 07204
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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$ 1,399,000
Est. payment | /mo
Save

4,999 SqFt

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),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

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

Garden State MLS(GSMLS)
Listed by BHGRE ELITE

Nearby Locations

Lisa Turek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 825-6470

lturek@njlre.com

830 Morris Turnpike Suite 487 Short Hills NJ 07078

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600 Chestnut St