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SOLD 260612

38 COLFAX AVE W

Roselle Park, NJ

$542,000

1,339

Sq. Ft.

$405

Per Sq. Ft.

Residential

Property Type

Tax Assessment Analysis

Sale Price

$542,000

Total Assessed

$236,400

Sale vs. Assessed

+$305,600 (+129.3%)

Land Value

$118,800

Building Value

$117,600

Roselle Park Market Overview

$560,000

Median Price

102

Total Sales

+0.0%

Year over Year

Active

Market Type

📊 Investment Analysis

$3,794

Est. Monthly Rent

$3,922

Est. Mortgage

6.76% · 20% down

-$128

Monthly Cash Flow

8.4%

Cap Rate

-1.4%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 6.76% interest rate, 20% down payment. For illustrative purposes only.

🏘 Roselle Park Neighborhood Guide

Walk Score

Somewhat Walkable

Min to NYC

With transfer

Roselle Park Station

Train Station

Raritan Valley

Neighborhoods in Roselle Park

East End / Train Station Area $475,000 to $600,000

Best for: Commuters, young families

Chestnut Street Downtown $380,000 to $500,000

Best for: Walkability seekers

West End / Roselle Border $350,000 to $475,000

Best for: First-time buyers, investors

Aldene / Cranford Border $450,000 to $575,000

Best for: Value seekers, families

Roselle Park is the best value train town in Union County — the lowest median price of any municipality with its own NJ Transit station. At $478K, it's 66% cheaper than Westfield on the same Raritan Valley Line, making it the entry point for buyers who want Union County schools and train access with...

Explore Roselle Park →