220 Gordon St,Roselle Boro, NJ 07203
Roselle Boro, NJ 07203
Description
Well-maintained two-unit multifamily property in Roselle offering an investment opportunity with both units currently tenant occupied and leases in place through October 2027.The first-floor unit features one bedroom and an open living and dining area with abundant natural light and newer laminate flooring throughout. The updated kitchen includes a breakfast bar and newer appliances. Off the dining area, a spacious deck overlooks the backyard and was restored in 2022. The first floor unit also has direct access to the basement, offering extensive storage and laundry facilities.The second-floor unit entrance through shared foyer and features one bedroom, a living area, compact kitchen and newer carpeting throughout. The fenced in flat backyard also has a large shed for additional storage needs. The property has been thoughtfully maintained with several significant updates, including electrical improvements in 2021, a new furnace in 2022, new hot water heaters in 2025, and French drains and a sump pump installed in 2025.Each unit has separate gas and electric utilities. The property owner currently pays for water, sewer and trash removal. With existing leases in place, this property offers an opportunity for an investor seeking a tenant-occupied multifamily property with established rental income from the start of ownership.
Details
| MLS # | 4057648 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 11 |
| Listing Provided By | WEICHERT REALTORS | JOHN MICHAEL ERDODY |
Features
| Bath(s) | 2 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 12677 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Roselle Boro |
| Zip Code | 07203 |
| Area | Union |
| Listing VS Median (in 07203) | |
Price: $464,000 low | high Med: $492,000 On site: 11 low | high Med: 32 | |
Market Activity 07203
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Roselle Boro |
| Zip Code | 07203 |
| Area | Union |
| Listing VS Median (in 07203) | |
Price: $464,000 low | high Med: $492,000 On site: 11 low | high Med: 32 | |
