This Multifamily Property is no longer advertised on LoopNet.com.

236 Belleville Ave
Belleville, NJ 07109

Multifamily Property For Sale · 7 Units

Apartment Buildings New Jersey Belleville 236 Belleville Ave, Belleville, NJ 07109

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
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

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..)
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  • Listing ID: 28126506

  • Date on Market: 4/3/2023

  • Last Updated:

  • Address: 236 Belleville Ave, Belleville, NJ 07109

More public record information on 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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