500 Chandler Ave, Roselle Boro, NJ 07203
Union County
Key Facts
Description
RARE FIND in Roselle, NJ! Exceptional investment opportunity on a prominent corner property featuring an established and highly profitable business with excellent foot and vehicle traffic. This mixed-use building offers multiple income streams and long-term stability perfect for seasoned investors or those seeking a turnkey operation.The ground floor is home to a thriving deli/liquor store, a staple in the community with consistent daily clientele. The sale includes the building, the fully operational business, and a valuable Type 44 liquor license. Please note: the business and liquor license must be purchased in cash, as financing is not available for liquor licenses.Above the commercial space are two spacious 2-bedroom apartments, both currently rented and generating steady monthly income. Additional income potential exists with the 2-car garage, ideal for renting or continued use for storage. A full basement provides ample storage for inventory and supplies. The property is outfitted with an upgraded camera system covering key interior and exterior areas, enhancing security and operational oversight.This is truly a rare opportunity to acquire a well-established business with a strong customer base, an income-producing building, and a coveted liquor license all in one package. Perfectly positioned on a high-visibility corner, this property offers unmatched value and long-term upside.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1925
Stories
2
Lot Size
0.07 acres
Parking Spaces
2
Ownership
Fee Simple
Days on Market
96
MLS® Listing#
4000528
Property Features
Cooling
Heating
Flooring
Basement
Lot Features
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$13,772
Tax year 2024
Assessed Value
$158,400
Parcel Number
2914-01903-0000-00008-0000-
Directions
E. 5th to Chandler Avenue (property on corner)
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Roselle Boro, NJ
- $649,254
- Median Listing Price
- 30
- Median Days on Market
- 2,179
- Median Sq Ft
- $340
- Median Price / Sq Ft
- 1,252
- Active Listings
- This home’s price is 69% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Roselle Boro, NJ.
Location
Getting Around
Points of Interest in Roselle Boro, NJ
Showing the Roselle Boro area map.
Nearby Schools
Harrison Elementary School
Elementary · 0.2 mi away
Abraham Clark High School
Secondary · 0.4 mi away
St Joseph the Carpenter School
Elementary · 0.4 mi away
Dr. Charles C. Polk Elementary School
Elementary · 0.5 mi away
Raymond J. Lesniak Experience Strength & Hope Recovery High School
Secondary · 0.5 mi away
The Leagurs
School · 0.6 mi away
Christian Nicole Academy
School · 0.6 mi away
Sherman Elementary School
Elementary · 0.7 mi away
Leonard V. Moore Middle School
Secondary · 0.7 mi away
Roselle Public Schools
Secondary · 0.7 mi away
Roselle Catholic High School
Secondary · 0.8 mi away
Roselle Park Middle School
Secondary · 0.9 mi away
Robert Gordon Elementary School
Elementary · 0.9 mi away
School No. 4
School · 0.9 mi away
Roselle Park School District
School · 1.0 mi away
Roselle Park Board-Education
School · 1.0 mi away
Achievers Learning & DVLP't Ctr
School · 1.0 mi away
Victor Mravlag School
Elementary · 1.0 mi away
Number 5
Elementary · 1.1 mi away
Grace Wilday Junior High School
Secondary · 1.1 mi away
Commute Calculator
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| 218 Maxwell Ave, Hightstown Boro, NJ | $775,000 | 3 | 3 | — |
| 282 E Main St, Somerville Boro, NJ | $775,000 | — | — | 4,500 |
Moving Cost Estimate
EXIT Agents in Roselle Boro
Listing Courtesy: KELLER WILLIAMS REALTY - 9082338502