236 Belleville Ave | Belleville, NJ 07109
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This Multifamily Property is no longer advertised on LoopNet.com.
236 Belleville Ave
Belleville, NJ 07109
Multifamily Property For Sale · 7 Units
Investment Highlights
- Great income upside. Current NOI is 74k with 112 NOI available.
- Belleville is in the process of a substantive gentrification/nicely appreciating assets
- Seller will consider a note hold for the right buyer
- Site has ground up development capability with 14 Res units and 1,000 SF (+,-) retail/service use at ground level
- Once acquired each of three assets could be sold separately.
PROPERTY FACTS
No. Units | 7 | Building Size | 8,000 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1950 |
Building Class | C | Parking Ratio | 1.78/1,000 SF |
Lot Size | 0.07 AC |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.07 AC |
Building Size | 8,000 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1950 |
Parking Ratio | 1.78/1,000 SF |
Links
PROPERTY TAXES
Parcel Number | 01-05903-0000-00044 | Improvements Assessment | $327,100 |
Land Assessment | $142,800 | Total Assessment | $469,900 |
PROPERTY TAXES
Parcel Number
01-05903-0000-00044
Land Assessment
$142,800
Improvements Assessment
$327,100
Total Assessment
$469,900
zoning
Zoning Code | BA Zone (Ground up Development possible. Would be in the 14 - 16 Apartments and about 1,000 SF of ground level retail range..) |
BA Zone (Ground up Development possible. Would be in the 14 - 16 Apartments and about 1,000 SF of ground level retail range..) |
Learn More About Investing in Apartment Buildings
Listing ID: 28126506
Date on Market: 4/3/2023
Last Updated:
Address: 236 Belleville Ave, Belleville, NJ 07109
The Multifamily Property at 236 Belleville Ave, Belleville, NJ 07109 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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