600 Chestnut St, Roselle Park, NJ 07204
Commercial - Roselle Park Boro, NJ
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 600 Chestnut St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Parking
- 1
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 4,999 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 23264
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Concrete, Laminate
- Building materials
- Block, Brick
- Roof type
- Asphalt, Flat, Shingle
- Architectural style
- Other
Listing agent CHRISTIAN COBO (908) 316-8530
Listing office BHGRE ELITE 181 NORTH AVE. EAST, Cranford, NJ (908) 316-8530
Listing date Jun 23, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑unit mixed‑use portfolio at 600 Chestnut Street, Roselle Park, NJ
- Located directly across from NJ Transit Roselle Park Station (Raritan Valley Line), about 2 stops to Newark Penn
- Residential and commercial space with potential for layout and tenant‑mix customization
- Basement included
- Construction materials include block and brick
- Roof types listed: asphalt, flat, and shingle; flooring includes concrete and laminate
Overview
The site is located at 600 Chestnut Street in Roselle Park, NJ, directly across from the NJ Transit Roselle Park Station on the Raritan Valley Line. The remarks indicate the station provides convenient regional access, including two stops to Newark Penn.
For tenants and buyers seeking a mixed-use platform, the configuration provides flexibility to shape both the residential and commercial tenant mix. The seller’s remarks further describe an expected gross annual income range at full stabilization, stated as $200,000 to $240,000, which reflects the value proposition presented for an asset positioned steps from commuter rail service.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $30.00 |
| − Vacancy | −$10.2k | −$2.04 |
| EGI | $139.8k | $27.96 |
| − OpEx | −$62.9k | −$12.58 |
| NOI | $76.9k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Roselle Park
- County
- Union
- State
- New Jersey
- Longitude
- -74.26545
- Latitude
- 40.66799