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533 East 2Nd Ave Roselle, NJ 07203

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For Sale
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35-unit apartment building in Roselle, NJ with tax PILOT.

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Listing Contact
Joni Sweetwood
Source: Kislakrealty

Listing Agent: Joni Sweetwood

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Roselle Apartment Building For Sale

Sheridan Gardens is a four and one-half story brick elevator apartment building featuring 35 residential units. The property is located in Roselle, NJ, and benefits from a tax PILOT program, set at 10% of income, which has 15 years remaining. Tenants are responsible for covering their electric and gas heat expenses. On-site parking is available, accommodating 20 cars within a gated and striped area. The property features new landscaping that is piped for sprinklers, along with security cameras and a key fob entry system. A laundry room is located on the premises. Recent upgrades include a new entrance and bluestone walkway, as well as LED lighting throughout. Approximately 20 years ago, all systems, including electric, plumbing, mechanicals, and the roof, were replaced. The hot water heaters were replaced 10 years ago. A/C sleeves are installed.
Location Intelligence

Current Use by Public Records

Sheridan Gardens Garden One Chimney Sweep ... Cleaners

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

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City
Roselle
County
Union
State
New Jersey
Longitude
-74.2502157
Latitude
40.6607492

FAQs

What type of property is this?
Apartment building - 35-unit apartment building in Roselle, NJ with tax PILOT.
Where is this apartment building located?
The property is located at 533 East 2Nd Ave Roselle, NJ.
What are key features of this property?
This property features: - Tax PILOT (10% of income for 15 more years); - NO RENT CONTROL; - Gated and striped on-site parking for 20 cars
More about this property
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