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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 mixed-use 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.
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-3 - Multifamily | ||
| 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-3 - Multifamily |
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Walk Score®
Walker's Paradise (90)
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6808-6810 Bellevue Ave
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