55 N Watchung AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Belleville,NJ 07109
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $851
MLS Listing ID 2515649R
Year Built 2020
Annual Tax Amount $48,396
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.00 x 0.00
Property Sub-Type Commercial
Source CJMLS API
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. Close 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
Cooling Central Air,Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type See Remarks
Total Parking Spaces 14
Building
Lot Description Residential Area,Level
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 010210100000001901
Energy Description Natural Gas