600 Chestnut St, Roselle Park Boro, NJ 07204
Union County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1920
Living Area
4,999 sq ft
Lot Size
0.11 acres
Parking Spaces
1
Ownership
Fee Simple
Days on Market
16
MLS® Listing#
4036363
Property Features
Heating
Flooring
Basement
Lot Features
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$23,264
Tax year 2025
Assessed Value
$516,300
Parcel Number
2915-00422-0000-00019-0000-
Directions
Westfield Ave to Chestnut St
Affordability Calculator
$279,800
Estimated monthly payment
$7,446/mo
Principal $1,119,200 · Est. interest $1,561,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Roselle Park Boro, NJ
- $677,097
- Median Listing Price
- 32
- Median Days on Market
- 2,000
- Median Sq Ft
- $375
- Median Price / Sq Ft
- 1,431
- Active Listings
- This home’s price is 107% above the area median.
- Its price per sq ft is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Roselle Park Boro, NJ.
Location
Points of Interest in Roselle Park Boro, NJ
Showing the Roselle Park Boro area map.
Nearby Schools
Roselle Park School District
School · 0.1 mi away
Roselle Park Board-Education
School · 0.1 mi away
Roselle Park Middle School
Secondary · 0.3 mi away
Robert Gordon Elementary School
Elementary · 0.3 mi away
Roselle Park High School
Secondary · 0.3 mi away
Raymond J. Lesniak Experience Strength & Hope Recovery High School
Secondary · 0.6 mi away
Sherman Elementary School
Elementary · 0.6 mi away
Achievers Learning & DVLP't Ctr
School · 0.7 mi away
Ernest J Finizio-Aldene Elementary School
Elementary · 0.7 mi away
St Joseph the Carpenter School
Elementary · 0.7 mi away
Victor Mravlag School
Elementary · 1.0 mi away
Harrison Elementary School
Elementary · 1.0 mi away
Washington Elementary School
Elementary · 1.0 mi away
Abraham Clark High School
Secondary · 1.0 mi away
Leonard V. Moore Middle School
Secondary · 1.2 mi away
Roselle Public Schools
Secondary · 1.2 mi away
Washington Elementary School
Elementary · 1.3 mi away
Bloomingdale Avenue School
Elementary · 1.3 mi away
Dr. Charles C. Polk Elementary School
Elementary · 1.5 mi away
St Genevieve's Church
School · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 486 Summit Rd, Mountainside Boro, NJ | $980,000 | 3 | 4 | — |
| 48 Bovensiepen Ct, Roseland Boro, NJ | $980,000 | 3 | 3 | — |
| 467 Lincoln Avenue, Highland Park, NJ | $980,000 | 4 | 5 | 2,543 |
| 236 COLUMBUS AVE A, Palisades Park, NJ | $985,000 | 4 | 4 | 1,828 |
| 845 Rifle Camp Rd, Woodland Park, NJ | $988,000 | 3 | 4 | — |
| 3 Paetzell Farm Rd, Milford Boro, NJ | $988,450 | 3 | 3 | 2,370 |
Moving Cost Estimate
EXIT Agents in Roselle Park Boro
Listing Courtesy: BHGRE ELITE - 9083168530