600 Chestnut St, Roselle Park, NJ 07204
Commercial - Roselle Park Boro, NJ
- Added:
- Jun 23, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 24 at 2:06 am
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
- Mixed‑use 5‑unit portfolio at 600 Chestnut Street, Roselle Park, NJ
- Directly across from NJ Transit Roselle Park Station on the Raritan Valley Line (2 stops to Newark Penn)
- Estimated gross annual income potential at full stabilization: $130,000 to $146,400
- Construction materials include block and brick; year built 1920
- Basement available; flooring includes concrete and laminate
- Roof includes asphalt, flat, and shingle
Overview
The site is situated directly across from the NJ Transit Roselle Park Station on the Raritan Valley Line, described as two stops to Newark Penn. With an approximately 0.11-acre lot and a listed property size of 4,999 square feet, the asset is positioned for day-to-day convenience tied to station proximity.
For buyers and operators, this configuration can support a range of tenancy approaches across both residential and commercial components, depending on how the units are reimagined at completion. The offering materials also include a stabilization projection of $130,000 to $146,400 in gross annual income, presented as a potential outcome rather than a guarantee.
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
