$1,399,000

4 Bedrooms Mixed Use

  • 4 Beds
  • Updated: June 26
  • MLS#4036363

About the Property

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 po

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 

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600 Chestnut St, Roselle Park, NJ 07204, New Jersey, United States View on Google Maps
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Better Homes and Gardens Real Estate Elite

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Better Homes and Gardens Real Estate Elite
New Jersey, United States
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22
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2020
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Better Homes and Gardens Real Estate Elite
Cranford, New Jersey, United States
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Last updated
June 26
First listed
Jun 26
Listing reference
t2724f
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