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$ 2,300,000
Est. payment /mo
Coming Soon
55 Watchung Ave Belleville Twp., NJ 07109
2,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $851
MLS Listing ID 3970110
Year Built 2020
Annual Tax Amount $48,396
Tax Year 2024
Lot Size 10,454 Sqft
Property Description
This newly commercial building presents a rare investment opportunity in the Belleville's sought-after market. With its combination of modern finishes, strong occupancy, thoughtful amenities, and a prime location, it is ideally suited for investors seeking a hassle-free, income-producing asset with significant long-term potential. Built in 2020, this impressive property features six fully leased rental units, three 2-bedrooms/2-bath apartments and three 1-bedroom/1-bath apartments. Each unit has been thoughtfully designed with high-quality stainless-steel appliances, modern cabinetry, and beautiful hardwood flooring throughout, creating a stylish and inviting living space that tenants appreciate. Including 14 parking spaces, assigned storage units, lawn sprinkler system, and security system. With in-unit laundry facilities and an easy access move-in ramp. Outdoor living is a highlight with a shared patio area featuring a cozy fire pit. It is just a short walk to shopping center, retails, dining, and the Grove Street Train Station, providing easy public transit access for commuters. Additionally, a nearby park adds recreational value, enhancing the overall lifestyle appeal for tenants. Don't miss the chance to add this exceptional property to your portfolio.
Location
State NJ
County Essex
Zoning Residential
Interior
Heating Electric, Gas-Natural
Cooling Central Air
Equipment Appliances, Fire Alarm, Handicapped Access, Security System, Smoke Detector, Sprinkler System, Storage Area(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Aluminum
Utilities Available Electric, Gas-Natural
Roof Type See Remarks
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by UNITED REAL ESTATE
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