116 Franklin St | Belleville, NJ 07109
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116 Franklin St
Belleville, NJ 07109
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,693 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.09 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,693 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.81/1,000 SF |
ABOUT 116 FRANKLIN ST , BELLEVILLE, NJ 07109
This 3 Story Framed Building contains 1 (4 Bedroom) apartment with 2 full baths on the first floor and 4 (1 Bedroom) units on the 2nd and 3rd Floor. Heat and Hot water are provided to the tenants by the landlord through a gas fired heating system that was replaced in October 2019. The windows were also replaced in (2019) along with the roof in (2018). The property has also received new common areas (October 2019) and 3 renovated units within the last year.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $1,700 | 1,250 |
| 1+1 | 4 | $1,063 | 550 |
PROPERTY TAXES
| Parcel Number | 01-01404-0000-00028 | Improvements Assessment | $297,500 |
| Land Assessment | $210,000 | Total Assessment | $507,500 |
PROPERTY TAXES
Parcel Number
01-01404-0000-00028
Land Assessment
$210,000
Improvements Assessment
$297,500
Total Assessment
$507,500
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