40 Washington Ave | Belleville, NJ 07109
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- LoopNet Team
40 Washington Ave
Belleville, NJ 07109
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Excellent location in the heart of Belleville’s shopping district
- Favorable rent control - Vacancy Decontrol
- Property includes income-generating parking lot
- Value-add through increasing below market rent
- Surrounded by new and future development projects
- Close to the Garden State Parkway, Route 21, Route 3, Light Rail Station and bus stops | 20 minutes to Manhattan
Property Facts
| No. Units | 5 | Building Size | 4,056 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1908 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.06 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,056 SF |
| No. Stories | 3 |
| Year Built | 1908 |
| Tenancy | Single |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Number | 01-08502-0000-00008 | Improvements Assessment | $390,900 |
| Land Assessment | $117,000 | Total Assessment | $507,900 |
Property Taxes
Parcel Number
01-08502-0000-00008
Land Assessment
$117,000
Improvements Assessment
$390,900
Total Assessment
$507,900
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