This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

282 Belleville Ave
Belleville, NJ 07109

282 Belleville Avenue · Multifamily Property For Sale · 9 Units

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.13 AC
Building Size 7,224 SF
Average Occupancy 100%
No. Stories 2
Year Built 1897
Parking Ratio 0.14/1,000 SF

About 282 Belleville Ave , Belleville, NJ 07109

Marcus and Millichap is pleased to present the opportunity to acquire a nine unit multifamily property in Belleville, New Jersey. This buildings consists of 3 two-bedroom and 6 one-bedroom apartments and is historically 100% occupied. Owner has made extensive improvements to the property during the years of ownership including seven new kitchens, three new bathrooms and new windows. Owner has also spent tens of thousands of dollars to reinforce the building's structural foundation shortly after property was purchased ten years ago. Gas and electric are separately metered and tenants pay for their own utilities. This property is heated by three boilers: Landlord pays for heat for seven units and the remaining two units pay for their own heat. This property is conveniently located within five minutes of the Garden State parkway, route 21 and The Branch Brook Park light rail station, making it very easy to commute for tenants. It s also justa short drive to trains to Hoboken/Manhattan. Located on Belleville Avenue, this asset sits across the street from the 32 acre Belleville park, providing tenants with a multitude of outdoor activities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-05901-0000-00001
Land Assessment
$315,000
Improvements Assessment
$442,500
Total Assessment
$757,500
  • Listing ID: 5711789

  • Date on Market: 2/1/2017

  • Last Updated:

  • Address: 282 Belleville Ave, Belleville, NJ 07109

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}