40 Washington Ave | Belleville, NJ 07109
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- LoopNet Team
40 Washington Ave
Belleville, NJ 07109
Multifamily Property For Sale · 5 Units
Investment Highlights
- Excellent location in the heart of Belleville’s shopping district
- Favorable rent control - Vacancy Decontrol
- Property includes income-generating parking lot
- Value-add through increasing below market rent
- Surrounded by new and future development projects
- Close to the Garden State Parkway, Route 21, Route 3, Light Rail Station and bus stops | 20 minutes to Manhattan
PROPERTY FACTS
| No. Units | 5 | Building Size | 4,500 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1908 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.06 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| No. Stories | 3 |
| Year Built | 1908 |
| Tenancy | Single |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $703,500 | |
| Land Assessment | $480,300 | Total Assessment | $1,183,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$480,300
Improvements Assessment
$703,500
Total Assessment
$1,183,800
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