BEDS9
BATHS3 full
MLS#4018492
STATUS
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco-Style Door
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 3 Units, Baseboard - Hotwater
Lot Size: 0.14 Acres
Roof Type: Asphalt Shingle
Taxes: $15,369
Amenities
Carbon Monoxide Detector
Fire Alarm Sys
Fire Extinguisher
Smoke Detector
Tile Floors
Open Porch(es)
Sidewalk
Thermal Windows/Doors
Feature Descriptions
Days on Site: 4
Driveway: 1 Car Width, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive
Exterior: Aluminum Siding
Lot: Level Lot
Lot Dimensions: 0.14 acre(s)
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Local Schools
High School: Roselle Park HS
Middle School: Roselle Park MS
Elementary School: Gordon
Listed By / Shown By
Listed By
Agency Name: NEW AND MODERN GROUP
Agency Contact: 732-236-9588
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 3,546.01 per month $2,002.79 Principal & Interest $1,280.75 Property Tax $262.47 Homeowner's InsuranceChange Payment Information
15 E Clay Ave | MLS# 4018492
This multi-family property located at 15 E Clay Ave, Roselle Park, NJ 07204 is currently listed for sale with an asking price of $899,900. Search Roselle Park real estate on www.realtymark.net today.