Updated Two-Family
For Sale
$899,000
725 Chestnut St, Roselle Park, NJ 07204
Three full floors combine generous living areas, modern updates, outdoor space, and off-street parking.
Property Size3,954 SF
Days on Market70
Property Features for 725 Chestnut St
General Information
Standard status
Active
Size
3,954 SF
Total Parking Spaces
5
Property subtype
Multi Family Home
Building Details
Building Size
3,954 SF
Year Built
1903
Units
2
Listing Agency:
M. Donato And Company
(718) 351-8900
Listed By:
Anthony Lugara
Source:
Betterhomerealestate
Added: Jun 23
Changed: Aug 29
Last Checked: Aug 30 at 5:45PM
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 M. Donato And Company
Investment Insights
Based on property information with market context.
This two-family Victorian property, built in 1903, spans three full floors and includes 8 bedrooms and 3 full baths. The residence features spacious rooms, modern updates, and period architectural character, along with outdoor space and off-street parking on an oversized lot.
Located at 725 Chestnut St in Roselle Park Boro, the property is minutes from NJ Transit, major highways, shopping, restaurants, schools, and parks. Its two-family configuration supports both owner-occupant and investor use, as stated in the property information.
Located at 725 Chestnut St in Roselle Park Boro, the property is minutes from NJ Transit, major highways, shopping, restaurants, schools, and parks. Its two-family configuration supports both owner-occupant and investor use, as stated in the property information.
Key Highlights
- Two‑family Victorian property built in 1903
- 8 bedrooms and 3 full baths across three full floors
- Modern updates with period architectural character
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,175
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,323,500
$1.3M
Cap Rate 7%
$945,357
$945.4K
Cap Rate 9%
$735,278
$735.3K
Market Conditions
NOI Build-Up for 3,954 SF
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.
Gross rent
$101.1K $25.56/SF
− Vacancy
−$6.5K −$1.65/SF
EGI
$94.5K $23.91/SF
− OpEx
−$28.4K −$7.17/SF
NOI
$66.2K $16.74/SF
Area
Union County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,323,500
Cap Rate 7%
$945,357
Cap Rate 9%
$735,278
Alternative Uses
Best Use
Multifamily LT 5
$945.4K
$827.2K – $1.10M
NOI $66,175 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$868.6K
$760.1K – $1.01M
NOI $60,805 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.03M
$903.4K – $1.20M
NOI $72,273 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three full floors combine generous living areas, modern updates, outdoor space, and off-street parking.
Where is this duplex located?
The property is located at 725 Chestnut St Roselle Park, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family Victorian property built in 1903; 8 bedrooms and 3 full baths across three full floors; Modern updates with period architectural character
