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Sheridan Gardens 533 E 2nd Ave 35 Unit Apartment Building For Sale Roselle, NJ 07203
Investment Highlights
- NO RENT CONTROL
- Gated and striped on-site parking for 20 cars
- Security cameras and key fob entry
- Tax PILOT (10% of income for 15 more years)
- New landscaping (piped for sprinklers)
- Laundry room (Park Ave. Electric)
Executive Summary
Sheridan Gardens is a four and one-half story brick elevator apartment building with 35 residential units.
Property Facts
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 35 | Building Size | 26,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1928 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.04/1,000 SF |
| Building Class | C | ||
| Zoning | B | ||
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 26,000 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | B |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Security System
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 700 |
| 2+1 | 3 | - | 700 |
1 1
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-00407-0000-00010 | Improvements Assessment | $701,100 |
| Land Assessment | $158,400 | Total Assessment | $859,500 |
Property Taxes
Parcel Number
14-00407-0000-00010
Land Assessment
$158,400
Improvements Assessment
$701,100
Total Assessment
$859,500
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Sheridan Gardens | 533 E 2nd Ave
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