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Multifamily

128 E 4th Ave

128 E 4th Ave, Roselle, NJ 07203

Listing Price: Request For Offer

Number of Units
12
Occupancy
75.0%
Gross SF
3,929

Investment Overview

Marcus & Millichap is excited to bring the property located at 128 E. 4th Ave., Roselle, NJ (Block: 3201 Lot: 7) to market for sale. The property is a 12-unit rooming house with 3,929+/- sqft on a 0.269 acre lot

Investment Highlights

  • 12-room, licensed rooming house - 11 rooms and a 1bed/1bath super's apartment
  • High tenant demand in Eastern Union County fuels low vacancy & strong collections
  • Huge upside through lease-up and capital improvements to generate high rents
  • Legal non-conforming rooming house use in a highly sought after multi-family zoning market

Exclusively Listed By

Multifamily

128 E 4th Ave

Listing Price: Request For Offer

Number of Units
12
Occupancy
75.0%
Gross SF
3,929

Investment Highlights

  • 12-room, licensed rooming house - 11 rooms and a 1bed/1bath super's apartment
  • High tenant demand in Eastern Union County fuels low vacancy & strong collections
  • Huge upside through lease-up and capital improvements to generate high rents
  • Legal non-conforming rooming house use in a highly sought after multi-family zoning market

Investment Overview

Marcus & Millichap is excited to bring the property located at 128 E. 4th Ave., Roselle, NJ (Block: 3201 Lot: 7) to market for sale. The property is a 12-unit rooming house with 3,929+/- sqft on a 0.269 acre lot

Exclusively Listed By

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