15 E Clay Ave

Roselle Park Boro, NJ 07204


 

Price: $899,900

GSMLS:  4018492
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.14
Property Tax: $15,369
Description
More pictures to come Tues April 07.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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Bilco-Style Door
Interior:
Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X150
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive
Spaces Available:
5
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
Gordon
Middle:
Roselle Pa
High School:
Roselle Pa
Community Information
County:
Union
Town:
Roselle Park Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$899,900
Tax Amount:
$15,369
Land Assessment:
$98,400
Build. Assessment:
$242,700
Total Assessment:
$341,100
Tax Rate:
4.51
Tax Year:
2025
Listing Information
MLS ID:
4018492
List Date:
04-05-2026
Days On Market:
0
Listing Broker:
NEW AND MODERN GROUP
Listing Agent:
Feifei Tian
 

Request More Information

Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox