282 Belleville Avenue 282 Belleville Ave 9 Unit Apartment Building $1,625,000 ($180,556/Unit) 6.76% Cap Rate Belleville, NJ 07109

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 282 Belleville Avenue in Belleville, New Jersey (“the Property”). The Property consists of a two-story building containing nine (9) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and six (6), 1-Bedroom/1-Bathroom units with 7,224 square feet of living area on a 0.13 acre parcel. The Property also includes an on-site laundry facility, and one of the units also has a designated parking space. The Property is strategically located at the intersection of Belleville Avenue (NJ Route 506) and Cedar Hill Avenue in a densely populated residential neighborhood. The Property enjoys close proximity to Washington Avenue and Franklin Avenue, two of the area’s primary commercial corridors. 282 Belleville Avenue is 1.7 miles from the Branch Brook Park Newark Light Rail Station and 2.5 miles from the Bloomfield Train Station with direct service to Manhattan’s Penn Station. The Property also offers convenient access to the Garden State Parkway, NJ Route 21, and Interstate 280 as well as area schools, national retailers, and the Clara Maass Medical Center.Belleville is a residential suburb of New York City, located in Essex County. The community is 16-miles west of New York City.