210 Chestnut St Roselle, NJ 07203
Exceptional opportunity to acquire a Class 5 Cannabis Retail License (#1528) in Roselle, Union County, New Jersey. This license permits the purchase of cannabis and related products from licensed cultivators, manufacturers, and wholesalers for resale to consumers in a retail setting. The license is transferable, offering flexibility in location selection. The New Jersey adult-use cannabis market shows significant growth potential, projected to reach $2 billion by 2026, making this a strategic investment for established multi-state operators or entrepreneurs seeking entry into this burgeoning market. The asking price is $599,000, with the seller open to offers. This is a conditional license, allowing for the commencement of operational development while fulfilling the requirements for a full cannabis retailer license. A non-disclosure agreement and proof of financial capacity are required before further details, including the precise location at 210 Chestnut St, Roselle, NJ 07203, are disclosed. This presents a compelling investment prospect within a rapidly expanding market.
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Roselle Tax Assessor City Tax Office
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Roselle Borough Hall City Government Office
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Roselle Police Headquarters Police Department
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Roselle Police-Detective Bur Police Department
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Union County Office County Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.