15 E Clay Ave, Roselle Park Boro, NJ 07204
15 E Clay Ave, Roselle Park Boro, NJ 07204
15 E Clay Ave, Roselle Park Boro, NJ 07204
25
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$899,900
Est. payment /mo
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9 Beds
3 Baths
29,997 SqFt
Active

15 E Clay Ave Roselle Park Boro, NJ 07204

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 29,997 sqft

Price per Sqft $29

MLS Listing ID 4018492

Style 3-Three Story

Bedrooms 9

Full Baths 3

Annual Tax Amount $15,369

Tax Year 2025

Lot Size 6,098 Sqft

Property Description

Welcome to this well-maintained and versatile 3-family property in Roselle Park a rare opportunity that appeals to both investors and owner-occupants alike. Situated on a quiet residential street, this oversized building offers strong income potential paired with everyday livability. Enjoy excellent commuter convenience just minutes from NJ Transit train service, local bus routes, and the Garden State Parkway. It features two spacious floor-through 3-bedroom, 1-bath units on the first and second floors, each with updated kitchens and bathrooms. These units are currently occupied by long-term tenants on month-to-month leases, providing immediate income along with flexibility for rent increases or occupancy adjustment with light cosmetic improvements. The third-floor unit has been fully renovated and is delivered vacant, featuring brand new kitchen cabinets, appliances, and flooring ideal for immediate move-in or leasing at current market rent for day-one income growth. Additional highlights include separate utilities for each unit (tenant-paid gas and electric; owner-paid water), helping to control expenses and maximize cash flow. Whether you're an investor seeking a strong return (pro forma approximately 7% cap rate) or an owner-occupant looking to offset your mortgage with rental income, this property offers a compelling combination of flexibility, upside, and commuter-friendly location.

Location

State NJ

County Union

Rooms

Basement Bilco-Style Door

Interior

Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Gordon

Middle Schools Roselle Park Ms

High Schools Roselle Park Hs

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by NEW AND MODERN GROUP

NEARBY SCHOOL & BUSINESS

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Dwayne Whitaker

Dwayne Whitaker

Broker Associate | License ID: 1753799

+1(917) 913-5622

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15 E Clay Ave