Roselle Park, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Roselle Park, New Jersey Market population: 13K. Explore income-producing properties with verified cap rates...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Roselle Park NJ Properties: 4.1400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Roselle Park NJ
Common questions from investors exploring commercial real estate in Roselle Park NJ.
What's the overall investment potential of Roselle Park, NJ?
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With a median household income of $60,308 and a relatively low poverty rate of 6.2%, Roselle Park presents a stable investment market, further supported by its high health insurance coverage rate of 90.2% and diverse top industries including Information, Finance & Insurance, and Public Administration.
How does the local economy impact rental demand?
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The presence of top industries like Information, Finance & Insurance, and Public Administration, combined with a foreign-born rate of 24.5% and ethnic diversity including White, White Non-Hispanic, and Hispanic populations, suggests a strong and diverse rental market, which is also influenced by the average commute time of 28.8 minutes and the prevalence of public transit as a commute method.
What are the key factors influencing property values in Roselle Park?
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The median property value of $283,500, coupled with a median property tax of $3,140 and a homeownership rate of 59.3%, indicates a balanced housing market, which is further stabilized by the town's low poverty rate of 6.2% and high health insurance coverage rate of 90.2%, suggesting a relatively stable and secure environment for property investment.
How does the commute and quality of life impact tenant stability?
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The average commute time of 28.8 minutes, along with the top commute methods being drove alone, worked at home, and public transit, suggests a convenient and flexible living environment, which, combined with a high health insurance rate of 90.2%, indicates a stable and healthy tenant base, making it an attractive location for real estate investment.
What role does ethnic diversity and income inequality play in the local real estate market?
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The ethnic diversity of Roselle Park, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community, while the GINI coefficient of 0.404 indicates a moderate level of income inequality, which, considered alongside the median household income of $60,308 and poverty rate of 6.2%, suggests a complex but generally stable market with opportunities for investors to cater to a wide range of demographics and income levels.
Roselle Park NJ Real Estate & City Facts
Key facts and real estate information about Roselle Park NJ.
What are some of the best neighborhoods to live in Roselle Park?
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Some of the best neighborhoods to live in Roselle Park, NJ, are in the north parts of the city, while more affordable homes are in the northwest regions. According to reviews, the area has a mix of older and newer homes, and some neighborhoods are more desirable than others. It's always a good idea to research and visit the area before making a decision.
What are some fun things to do in Roselle Park?
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There are several fun things to do in Roselle Park, NJ, including visiting the Climax Brewing Co, taking a bike tour or renting a bike from Holland Bikes, or going on a boat tour with New York Princess Cruises. You can also explore the nearby Hawk Rise Sanctuary or attend events at the Roselle Park Municipal Complex.
What is the food scene like in Roselle Park?
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The food scene in Roselle Park, NJ, is diverse and offers a range of options, including global fusion cuisine at House 157 Restaurant & Bar, thin crust pizza at Sun Tavern, and other international flavors. There are also plenty of great food trucks and restaurants in the area, so you're sure to find something that suits your taste.
What are the pros and cons of living in Roselle Park?
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The pros of living in Roselle Park, NJ, include its diverse community, affordable housing options, and convenient location. However, some cons include the town's small size and limited job opportunities. Additionally, some areas of the town may have more traffic or noise than others. Overall, it's a good idea to weigh the pros and cons and consider what's most important to you when deciding whether to live in Roselle Park.
Is Roselle Park a good place to live?
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Roselle Park, NJ, can be a good place to live, depending on your individual preferences and priorities. The town has a strong sense of community, a diverse range of housing options, and a convenient location. However, it's always a good idea to research and visit the area before making a decision, and to consider factors such as job opportunities, transportation, and access to amenities. Overall, Roselle Park has a lot to offer, but it's not the right fit for everyone.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Roselle Park NJ Commercial Property: $60,308
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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