55 N Watchung AVE, Belleville, NJ 07109
55 N Watchung AVE, Belleville, NJ 07109
55 N Watchung AVE, Belleville, NJ 07109
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Helena Rabess

Helena Rabess

+1(973) 954-5663
$2,000,000
Est. payment /mo
2,700 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $740

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

Community Laundry Room

Zoning Residential

Interior

Interior Features Refrigeration

Heating Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet, Wood

Appliance Refrigeration

Heat Source Natural Gas

Exterior

Community Features Laundry Room

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

Virtual Tour https://www.propertypanorama.com/instaview/msx/2515649R

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Central Jersey MLS (CJMLS)
Listed by UNITED R.E. OF NORTH JERSEY

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Helena Rabess

Helena Rabess

+1(973) 954-5663

Agent | License ID: 1542570

Agent License ID: 1542570

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