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Listed by Matthew O'Hare Coldwell Banker, Allendale/Saddle River Valley
$ 749,000
Est. payment | /mo
5 Beds
4 Baths
$ 749,000
Est. payment | /mo
5 Beds
4 Baths
Open House
Sat Mar 21, 1:00pm - 4:00pm
Sun Mar 22, 1:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26008085
Style 4 Family
Bedrooms 5
Full Baths 4
Property Sub-Type 4 Family
Property Description
Rare four-family with one attached garage investment opportunity on a quiet dead-end street in a desirable Belleville neighborhood. This well-maintained property offers strong income potential with a versatile unit mix ideal for investors and potential owner-occupants. The building features a common entry hallway providing access to two first-floor apartments, each offering a comfortable one-bedroom layout. The second floor includes a studio apartment and a spacious two-bedroom unit, along with convenient rear egress serving both levels for added accessibility and safety. An unfinished basement provides shared laundry facilities, mechanical systems, electrical panels, and natural gas utilities. Tenants also enjoy shared access to the backyard, offering additional outdoor space. Most tenants are currently on month-to-month leases, with one unit under lease, providing flexibility for future management or occupancy plans. The property will convey with tenants in place unless otherwise agreed upon. Conveniently located just a short walk to the Silver Lake Light Rail Station and close to local shopping and dining options. Nearby amenities include Clara Maass Medical Center and the beautiful Branch Brook Park, offering recreation, open space, and the famous cherry blossoms each spring. This property presents a rare opportunity to acquire a multi-family property in Belleville’s strong rental market.
Location
State NJ
County Essex
Interior
Laundry Basement
Exterior
Garage Spaces 1.0
