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$ 749,000
Est. payment | /mo
5 Beds
4 Baths
5,227 Sqft Lot
$ 749,000
Est. payment | /mo
5 Beds
4 Baths
5,227 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4014238
Style Fourplex
Bedrooms 5
Full Baths 4
Year Built 1930
Annual Tax Amount $12,587
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
Rare four-family with one attached garage investment opportunity on a quiet dead-end street in a desirable Belleville neighborhood. This well-maintained property offers strong income potential with a versatile unit mix ideal for investors and potential owner-occupants. The building features a common entry hallway providing access to two first-floor apartments, each offering a comfortable one-bedroom layout. The second floor includes a studio apartment and a spacious two-bedroom unit, along with convenient rear egress serving both levels for added accessibility and safety. An unfinished basement provides shared laundry facilities, mechanical systems, electrical panels, and natural gas utilities. Tenants also enjoy shared access to the backyard, offering additional outdoor space. Most tenants are currently on month-to-month leases, with one unit under lease, providing flexibility for future management or occupancy plans. The property will convey with tenants in place unless otherwise agreed upon. Conveniently located just a short walk to the Silver Lake Light Rail Station and close to local shopping and dining options. Nearby amenities include Clara Maass Medical Center and the beautiful Branch Brook Park, offering recreation, open space, and the famous cherry blossoms each spring. This property presents a rare opportunity to acquire a multi-family property in Belleville's strong rental market.
Location
State NJ
County Essex
Rooms
Basement Bilco-Style Door, Full, Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Electric, Gas-Natural
Roof Type Rubberized
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY HIL
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Amy Faherty
REALTOR® | Lic# 2078684