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    Mixed-Use Development Across Station Title is generated by Realmo AI

    600 Chestnut St, Roselle Park, NJ 07204

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    Claim this Listing
    New
    For Sale
    $1,399,000

    Commercial - Roselle Park Boro, NJ

    Property size:
    4,999 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $279/SF
    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

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    CHRISTIAN COBO

    Listing agent CHRISTIAN COBO

    Listing office BHGRE ELITE 181 NORTH AVE. EAST, Cranford, NJ

    Listing date Jun 23, 2026

    MLS# 4036363 Listing URL

    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

    This mixed-use development consists of a 5-unit portfolio combining residential income with commercial build-out scope. The property is offered in a way that supports customization, including the ability for a developer, investor, or owner-occupant to create layouts and finish selections for the residential and commercial components.

    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
    4,999 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.10M
    $960.9K – $1.28M (±1% cap)
    NOI $76,875 @ 7.0% cap · market cap 5.49%
    Second Best
    Retail
    $1.02M
    $891.9K – $1.19M (±1% cap)
    NOI $71,352 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    Office A
    $1.31M
    $1.14M – $1.52M (±1% cap)
    NOI $91,374 @ 7.0% cap · market cap 6.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roselle Park
    County
    Union
    State
    New Jersey
    Longitude
    -74.26545
    Latitude
    40.66799

    FAQs

    What type of property is this?
    Apartment building - Mixed-use 5-unit property in Roselle Park positioned directly across from NJ Transit’s Roselle Park Station.
    Where is this apartment building located?
    The property is located at 600 Chestnut St Roselle Park, NJ.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: 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
    More about this property
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