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6808-6810 Bellevue Ave 5 Unit Apartment Building $1,395,000 ($279,000/Unit) Guttenberg, NJ 07093
Investment Highlights
- Very Strong Northern New Jersey Market
- Value Add – Undermarked Rents
- All Separate Utilities
- Oversized Lot – Possible Future Redevelopment
Executive Summary
This 100% leased multifamily property features five residential units across two floors and presents a compelling value-add opportunity due to its undermarket rents. The building is well-maintained and situated on an oversized lot, offering potential for future redevelopment.
Building consists of five residential units:
Three 4-Room/ 1-Bath units
One 3-Room/ 1-Bath unit
One Studio apartment located in basement.
Building consists of five residential units:
Three 4-Room/ 1-Bath units
One 3-Room/ 1-Bath unit
One Studio apartment located in basement.
Property Facts
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $279,000 | Building Class | B |
| Sale Type | Investment | Building Size | 5,871 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | R-5 - High-rise Residential Use | ||
| Price | $1,395,000 |
| Price Per Unit | $279,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 5,871 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R-5 - High-rise Residential Use |
1 1
Walk Score®
Walker's Paradise (90)
Property Taxes
| Parcel Number | 03-00038-0000-00001 | Improvements Assessment | $229,700 |
| Land Assessment | $183,400 | Total Assessment | $413,100 |
Property Taxes
Parcel Number
03-00038-0000-00001
Land Assessment
$183,400
Improvements Assessment
$229,700
Total Assessment
$413,100
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6808-6810 Bellevue Ave
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