Listed by: Justin B. Torres, [email protected], Prominent Properties Sotheby's International Realty-Weehawken, (201) 223-4207, Listing Courtesy of NJMLS
$587,000
●
House -
Off Market
1022 Spruce Street
Roselle, NJ 07203
3 Beds
3 Baths,
1
Half Bath
$3,556
Est. Monthly
4.35%
Cap Rate
About This Property
Step into this stunning Colonial Home nestled in the heart of
Roselle. Constructed in 2017, this meticulously crafted residence
presents a seamless blend of style and functionality. Boasting 3
bedrooms, 2.5 bathrooms, and 1684 square feet of pure comfort, all
nestled on a 50 x 100 lot. Upon entering, be greeted by an open
living area with high ceilings and beautiful polished hardwood
floors throughout, while expansive windows flood the room with
natural light, effortlessly connecting it to the dining area. The
heart of this home lies in its kitchen, where granite countertops,
a pristine white tiled backsplash, stainless steel appliances, and
ample cabinetry space adorned with crown molding. Upstairs, retreat
to the primary bedroom, complete with a full bath and large walk-in
closet. Additionally find two bedrooms and a laundry room for added
convenience. Outside amenities include a well-maintained lawn,
attached garage, and large backyard with a fire-pit, making it the
ideal home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
2017
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #24013306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Prominent Properties Sotheby's International Realty-Weehawken | $499,999 | |
| Listed by Prominent Properties Sotheby's International Realty-Weehawken | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Roselle
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Justin B. Torres
Prominent Properties Sotheby's International Realty-Weehawken
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24013306
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Prominent Properties Sotheby's International Realty-Weehawken
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24013306
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017