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Renovated Triplex with Vacant Unit
For Lease
$2,400/Mo

15 East Clay Avenue, Roselle Park, NJ 07204

Three-family property with separate utilities and a renovated vacant unit for immediate occupancy or leasing.

Space SizeContact for details
Days on Market193

Property Features for 15 East Clay Avenue

General Information

Standard status Active
Property subtype Residential Rental
Lease Term Lease Length: 1 Year

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $15,369

Amenities

1.0
5
No
3
1
Unfurnished

Building Details

Year Built 1920
Buildings 1
Listing Agency: NEW AND MODERN GROUP
Listed By: FEIFEI TIAN · License #286368
Source: Compass
Added: Apr 7 Changed: Oct 10 Last Checked: Oct 15 at 1:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEW AND MODERN GROUP

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Investment Insights

Based on property information with market context.

This three-family building includes two floor-through apartments, each with 3 bedrooms and 1 bath, on the first and second floors. Both units have updated kitchens and bathrooms and are occupied by long-term tenants under month-to-month leases. The third-floor apartment is vacant following a full renovation, with new kitchen cabinetry, appliances, and flooring. Each residence has separate gas and electric service paid by the tenant, while water remains owner-paid.

The property is located on East Clay Avenue in Roselle Park, near NJ Transit train service, local bus routes, and the Garden State Parkway. Additional physical features include an open porch, sidewalk access, thermal windows and doors, aluminum siding, and a Bilco-style door. The property is positioned for either continued rental use or owner occupancy with additional residential income from the other units.

Key Highlights

  • Three‑family building with two 3‑bedroom, 1‑bath apartments and one renovated third‑floor unit
  • Vacant third‑floor apartment includes new kitchen cabinets, appliances, and flooring
  • First- and second‑floor units feature updated kitchens and bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,265
Businesses Nearby

Demographics for 07204, NJ

13,984
Population
5,373
Households
2.6
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
11,653
Density / Sq Mi
$104,418
Median Household Income
$55,974
Median Earnings
$1,585
Median Rent
$405,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-family property with separate utilities and a renovated vacant unit for immediate occupancy or leasing.
Where is this triplex located?
The property is located at 15 East Clay Avenue Roselle Park, NJ.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Three‑family building with two 3‑bedroom, 1‑bath apartments and one renovated third‑floor unit; Vacant third‑floor apartment includes new kitchen cabinets, appliances, and flooring; First- and second‑floor units feature updated kitchens and bathrooms
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