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$649,000 Just Listed
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Property Description
AMAZING & Unique investment property! Call your investors, car collectors, landscapers or any business that needs storage and an income producing house. Better than a 2 family, market rate for the garages is $200 each or $2,400 a month. Market rate for the house easily $3,000. total yearly gross income $64,800 potential. AMAZING RETURN! OR fill the garages with your equipment and live in the house, why pay for a storage facility? Currently 6 garages are rented below market with no lease. 3 are owner occupied. House newly painted and carpeted. new fence, new front porch and back steps. Gas, steam boiler and gas hot water heater.4 bedroom house with 1.5 baths. private fenced rear yard. Walking distance to public transportation.
Full Property Details
Full Property Details for 162 W 2nd Ave
General
- Price: $649,000
- Taxes: $11,268 (2024)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4004636
- Updated: 1/13/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Kitchen Area, Restrooms - Private, Smoke Detector
Exterior
- Color: beige
Parking
- Garage Spaces: 12
- Total Spaces: 12
- Parking: Assigned, Hard Surface, Off-Street Parking, See Remarks
Location
- County: Union
- Driving Directions: 1st Ave to Locust. See garages on left.
- Location Details: Corner, Freestanding, See Remarks
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 1 Unit, Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water, Water Charge Extra
- Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Included
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: French Drain, Full, Storage, Unfinished
- Roof: Composition Shingle, See Remarks
- Ceiling Height: 8
- Door Dimensions: 7
- Loading: Drive-In Doors
- Bays: 12
- Stories in Building: 3
- Square Feet: 2,578
- Aprox. Leasable: 4,940 Sq. Ft.
- Previous Bldg. Use: rental property
- Year Built: 1922
Unit Information
- Units w/Full Bath: 1
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.18
- Lot Size: 40X200
- Permitted Use: rental property redevelopment plans for other uses
- Zoning: redevelopmen
- Lot Description: Corner, Level Lot
Financial Considerations
- Price Per Sq. Ft.: $126
- Expenses: Taxes
- Operating Expenses: $11,300
- Assessment Amount: $129,600
- Land Assmt: $64,000
- Tax Amount: $11,268
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, See Remarks
- Disclosures: Yes
- APN: 2914-03802-0000-00026-0000-
- Block: 3802
- Lot Number: 26
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 162 W 2nd Ave
School District:Roselle Borough School District
| Name | Grades | Distance |
|---|---|---|
Kindergarten Success Academy 150 East 3rd Avenue, Roselle, NJ 07203 | K- | 0.3 mi |
Washington Elementary School, Roselle, NJ 501 Washington Avenue, Roselle, NJ 07203 | 1-4 | 0.7 mi |
Grace Wilday Junior High School 400 Brooklawn Avenue, Roselle, NJ 07203 | 7-8 | 1.1 mi |
Abraham Clark High School 122 East 6th Avenue, Roselle, NJ 07203 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 162 W 2nd Ave
Date
Details
Price
Change
Source
1/13/2026
Price Increased
$649,000
3.84%
MLS
1/12/2026
Listed
$625,000
371.7%
MLS
10/19/2010
Sold
$132,500
—
Public Record
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
Tax History for 162 W 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,269
3%
$129,600
—
2023
$10,986
-1%
$129,600
—
2022
$11,063
1%
$129,600
—
2021
$10,997
—
$129,600
—
2020
$10,962
2%
$129,600
—
2018
$10,762
1%
$129,600
—
2017
$10,705
2%
$129,600
—
2016
$10,469
—
$129,600
—
2015
$10,468
-3%
$129,600
—
2019
$10,822
8%
$129,600
—
2013
$9,996
—
$129,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 W 2nd Ave
162 W 2nd Ave, Roselle, NJ 07203 (MLS# 4004636) is a Office property. 162 W 2nd Ave is currently listed for $649,000 and was received on January 12, 2026. This property is listed by Donna Perch from our Westfield Office.Want to learn more about 162 W 2nd Ave? Do you have questions about finding other Office real estate for sale in Roselle? You can browse all Roselle real estate or contact a Coldwell Banker agent to request more information.


