Financial
Distress signals
Property profile

511 W Westfield Ave Roselle Park, NJ 07204

FOR SALE
Other commercial real estate
Property ID
US59-1059052
1,802 SF 0.04 ac lot
Last sale May 2024 · $310,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This multi-use building is located in Roselle Park on a corner lot with frontage on two streets, providing high visibility. The first (lower) level is configured as additional interior space and is set up to be renovated. The second floor contains a residential apartment with three bedrooms, a living room, an eat-in kitchen, and one full bathroom. The property includes an apartment-style layout with a private entry, and there is a full basement offering storage space. On-site parking is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$151k
Assessed land$45k
Assessed improvement$106k
Effective rate4.31%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$375k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 3.82% cap applied$27k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$129 – $232
Qualifying comparables14

Cap rate analysis

How does the asset earn?
3.82%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage15.9
Hair Salon13.3
Skin Care Clinic12.9

Location

511 W Westfield Ave Roselle Park, NJ 07204
County assessor Recorded deeds · 4 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
146 Westfield, Roselle Park, NJ 07204-1817 $1,100,000 Mar 2025 1,386 SF
215 Clay, Roselle Park, NJ 07204-1909 $400,000 Feb 2025 2,130 SF
126 Chestnut, Roselle Park, NJ 07204-2260 $785,000 Jul 2024 2,579 SF
4 Sheridan, Roselle Park, NJ 07204 $1,100,000 Nov 2022 2,478 SF
384 Westfield, Roselle Park, NJ 07204-2345 $395,000 Aug 2022 1,838 SF
154 Westfield, Roselle Park, NJ 07204-1817 $80,000 Jun 2022 1,455 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message