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Roselle 07203
65 Independence Dr
$485,000
● House - Off Market

65 Independence Dr

Roselle Boro, NJ 07203
bedrooms
4 Beds
bathrooms
0 Bath
$2,333
Est. Monthly
6.43%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Payment Calculator

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Cap Rate Calculator

Purchase Price
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Monthly Rental Income
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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: 10 days ago (GSMLS #3970003)

Price History

Date / Event Date Event Price
Oct 28, 2025 No longer available -
No longer available
Oct 27, 2025 Sold
Premium
Sold
Sep 25, 2025 In contract -
In contract
Aug 26, 2025 Price Change $475,000
Price Change
Aug 5, 2025 Relisted -
Relisted

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,874
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,572
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Roselle Borough School District
  • Census Tract: 034300

Zoning

  • Zoning: RA

Geography

  • Account Number: 4365
  • District: 14
  • Parcel: 14 05801-0000-00017
  • Block: 5801
  • Lot: 17
  • Municipality: ROSELLE BORO
  • Latitude: 40.6497
  • Longitude: -74.271

    Address

  • Full Address: 65 Independence Dr
  • Address - House Number: 65
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Roselle
  • Carrier Code: C013
  • 4-Digit Zip Code: 2408
  • Zip Code: 07203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,017,240

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 475,671
  • High Value: 589,841
  • Low Value: 361,500

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $70,000
  • Market Improvement Value: $50,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,000
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $50,000

    Sales

  • Current Sale Contract Date: Sep 27, 2006
  • Current Sale Recording Date: Oct 18, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Roselle

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

68

Average Home Size

376 ft²

Average Home Age

87.5 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 338 Salem Rd, Union Twp., 07083-9221

$3,600 /mo

  • 4 Beds
  • 2 Baths
338 Salem Rd, Union Twp., 07083-9221 Listing by TINA REBIMBAS TORRES
Unit for rent at 819 Rose Parkway, Linden, NJ, 07036

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,508 ft²
819 Rose Parkway, Linden, NJ, 07036 Listing by NICHOLAS BOULTON

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 10 days ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 65 Independence Drive built and last sold?
The property at 65 Independence Drive was built in 1951 and last sold on Sep 27, 2006 for $275,000.
How much is this home worth?
The estimated value of the home located at 65 Independence Drive is $0.
What are some comparable homes to 65 Independence Drive?
There are currently no comparable homes to 65 Independence Drive.
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