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$899,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 2 days ago
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Welcome to this well-maintained and versatile 3-family property in Roselle Park a rare opportunity that appeals to both investors and owner-occupants alike. Situated on a quiet residential street, this oversized building offers strong income potential paired with everyday livability. Enjoy excellent commuter convenience just minutes from NJ Transit train service, local bus routes, and the Garden State Parkway. It features two spacious floor-through 3-bedroom, 1-bath units on the first and second floors, each with updated kitchens and bathrooms. These units are currently occupied by long-term tenants on month-to-month leases, providing immediate income along with flexibility for rent increases or occupancy adjustment with light cosmetic improvements. The third-floor unit has been fully renovated and is delivered vacant, featuring brand new kitchen cabinets, appliances, and flooring ideal for immediate move-in or leasing at current market rent for day-one income growth. Additional highlights include separate utilities for each unit (tenant-paid gas and electric; owner-paid water), helping to control expenses and maximize cash flow. Whether you're an investor seeking a strong return (pro forma approximately 7% cap rate) or an owner-occupant looking to offset your mortgage with rental income, this property offers a compelling combination of flexibility, upside, and commuter-friendly location.

Full Property Details for 15 E Clay Ave

General

  • Price: $899,900
  • Taxes: $15,369 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4018492
  • Updated: 4/8/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Open Porch(es), Sidewalk, Thermal Windows/Doors
  • Color: Beige

Location

  • County: Union
  • Driving Directions: Google map

School Information

  • Elementary School: Gordon
  • Middle School: Roselle Park MS
  • High School: Roselle Park HS

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door
  • Roof: Asphalt Shingles
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage, Utility Room
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage, Utility Room
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
  • Square Feet: 9999
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 40 x 150
  • Driveway/Sidewalk: 1 Car Width, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Insurance, Taxes
  • Operating Expenses: $20,000
  • Assessment Amount: $242,700
  • Land Assmt: $98,400
  • Tax Amount: $15,369
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Unit3 washer/dryer, other tenants' belongings
  • Disclosures: Yes
  • Block: 804
  • Lot Number: 31

Listed by New and Modern Group

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Listing agent

— 15 E Clay Ave —

  • New and Modern Group

732-236-9588

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 E Clay Ave

School District:Roselle Park Borough School District
NameGradesDistance
Robert Gordon Elementary School
59 West Grant Avenue, Roselle Park, NJ 07204
PK-50.2 mi
Roselle Park Middle School
57 West Grant Avenue, Roselle Park, NJ 07204
6-80.2 mi
Roselle Park High School
185 West Webster Avenue, Roselle Park, NJ 07204
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15 E Clay Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$899,900
99.09%
MLS
12/03/2015
Sold
$452,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15 E Clay Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,080
7%
$341,100
—
2022
$14,132
1%
$341,100
—
2021
$14,033
7%
$341,100
3%
2018
$13,119
1%
$329,700
—
2017
$12,970
-2%
$329,700
—
2019
$13,300
6%
$329,700
—
2016
$12,565
-2%
$329,700
250%
2015
$12,799
2%
$94,200
—
2013
$12,555
—
$94,200
-7%
2013
$12,555
—
$101,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by New and Modern Group

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15 E Clay Ave, Roselle Park, NJ 07204 (MLS# 4018492) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 15 E Clay Ave is currently listed for $899,900 and was received on April 05, 2026. Want to learn more about 15 E Clay Ave? Do you have questions about finding other Multi-Family real estate for sale in Roselle Park? You can browse all Roselle Park real estate or contact a Coldwell Banker agent to request more information.

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