Belleville Twp., NJ 07109,55 Watchung Ave
Belleville Twp., NJ 07109,55 Watchung Ave
Belleville Twp., NJ 07109,55 Watchung Ave
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$2,300,000
Est. payment /mo
2,700 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $851

MLS Listing ID 3970110

Year Built 2020

Annual Tax Amount $48,396

Tax Year 2024

Lot Size 10,454 Sqft

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 6 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. It is just a short walk 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

Zoning Residential

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Appliances, Fire Alarm, Handicapped Access, Security System, Smoke Detector, Sprinkler System, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Aluminum

Utilities Available Electric, Gas-Natural

Roof Type See Remarks

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by UNITED REAL ESTATE

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agent

Lindsey Martinelli

+1(908) 375-6755

Agent | License ID: 2191581

Agent License ID: 2191581

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55 Watchung Ave