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529 Washington Ave, Belleville, NJ 07109
New

$1,750,000
Active for Sale
 
Listing ID 55038831
Property Type Commercial
County Essex
Township Belleville Twp.
Total Tax $34,636
FEMA Flood Map fema.gov/portal
Year Built 1909
   
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Apartment Complex | Belleville

Prime investment opportunity in the heart of Belleville! This solid brick 9-unit mixed-use property sits on a prominent corner lot in the center of downtown, steps from City Hall, restaurants, grocery stores, places of worship, hospitals, and schools. The building features 6 spacious two-bedroom, one-bath apartments and 3 ground-level commercial storefronts, offering strong rental potential and a diverse income stream. Recent upgrades include a new roof (2024), newer windows, and enhanced safety improvements throughout the apartments and storage areas. With 4 on-site parking spaces, this property provides a rare convenience for tenants and commercial occupants alike. Landlord covers heat and hot water for the entire building. Located in a high-demand area with excellent foot traffic and easy access to major highways and public transportation, this property offers investors a well-maintained, income-producing asset in a thriving community.
Property Details
  • 9 Half Baths
  • 9958 SF (AG)
  • 0.11 Acres
  • Built in 1909
Commercial Info
  • % Cap. Rate
Income/Expenses
  • Gross Income -$0
  • Net Income -$0
  • Operating Exp -$0
  • Management Exp -$0
  • Maintainence Exp -$0
  • Legal Exp -$0
  • Insurance Exp -$0
  • Heat Exp -$0
  • Electric Exp -$0
  • Water Exp -$0
  • Parking Exp -$0
  • Misc Exp -$0
  • Total Exp -$0
Taxes and Fees
  • $34,636 Total Tax
  • -$0 per month Maintenance
Listed By
Morris Plains/Corporate Headquarters Sales Office
Office: 973-984-1400
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