ListWithoutRealtor Group

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 six fully leased 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.

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Property Details

  • Price: $2,300,000
  • Land Area: 48396 Sq Ft
  • Class:Commercial Sale/Lease
  • Style:Other
  • Floodzone:None
  • Waterfront:None
  • Ownership:Private
  • Property Status: Status For Sale
  • Property Type: ,
  • Amenities and Features

    Features
  • Heating:Central Air,Electric,Hot Air
  • Location

  • Address55 Watchung Avenue,Belleville, NJ 07109
  • Postal code07109
  • CountryBelleville, ESSEX
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