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55 Watchung Ave

Belleville Twp., NJ 07109
  • $2,100,000
  • STATUS: Active
  • ON SITE: 180 Days
  • ID#: 3970110
UPDATED: 74 min ago
$2,100,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $778
    $/SQFT
Type:
Commercial
Built:
2020
County:

School Ratings & Info

Description

This newly commercial building presents a rare investment opportunity in the Belleville's sought-after market. With its combination of modern finishes, strong occupancy, thoughtful amenities, and a prime location, it is ideally suited for investors seeking a hassle-free, income-producing asset with significant long-term potential. Built in 2020, this impressive property features 6 rental units, three 2-bedrooms/2-bath apartments and three 1-bedroom/1-bath apartments. Each unit has been thoughtfully designed with high-quality stainless-steel appliances, modern cabinetry, and beautiful hardwood flooring throughout, creating a stylish and inviting living space that tenants appreciate. Including 14 parking spaces, assigned storage units, lawn sprinkler system, and security system. With in-unit laundry facilities and an easy access move-in ramp. Outdoor living is a highlight with a shared patio area featuring a cozy fire pit. It is just a short walk to shopping center, retails, dining, and the Grove Street Train Station, providing easy public transit access for commuters. Additionally, a nearby park adds recreational value, enhancing the overall lifestyle appeal for tenants. Don't miss the chance to add this exceptional property to your portfolio.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-16T11:48:45.52.
www.rowackrealestateteam.com/homes/165016665
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55 Watchung Ave Belleville Twp., NJ 07109

  • Price: $2,100,000
  • Status: Active
  • On Site: 180 Days
  • Updated: 74 min ago
  • ID#: 3970110
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2,700
SQFT
$778
$/SQFT
2020
Built
County:
Essex
Area:
Belleville Twp.
Property Description
This newly commercial building presents a rare investment opportunity in the Belleville's sought-after market. With its combination of modern finishes, strong occupancy, thoughtful amenities, and a prime location, it is ideally suited for investors seeking a hassle-free, income-producing asset with significant long-term potential. Built in 2020, this impressive property features 6 rental units, three 2-bedrooms/2-bath apartments and three 1-bedroom/1-bath apartments. Each unit has been thoughtfully designed with high-quality stainless-steel appliances, modern cabinetry, and beautiful hardwood flooring throughout, creating a stylish and inviting living space that tenants appreciate. Including 14 parking spaces, assigned storage units, lawn sprinkler system, and security system. With in-unit laundry facilities and an easy access move-in ramp. Outdoor living is a highlight with a shared patio area featuring a cozy fire pit. It is just a short walk to shopping center, retails, dining, and the Grove Street Train Station, providing easy public transit access for commuters. Additionally, a nearby park adds recreational value, enhancing the overall lifestyle appeal for tenants. Don't miss the chance to add this exceptional property to your portfolio.
Exterior Features

Approximate Lot Size 100.03 X 104 Construction See Remarks Exterior Description Aluminum Location Residential AreaShopping Mall Number Of Bays 0 Number Of Docks 0 Parking Driveway Description AssignedBlacktopOff-Street Parking Roof Description See Remarks

Interior Features

Basement No Cooling Central Air Equipment Available AppliancesFire AlarmHandicapped AccessSecurity SystemSmoke DetectorSprinkler SystemStorage Area(s) Heating Forced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 167184 Net Operating Income 108520 Owner Pays Maintenance-Common AreaMaintenance-LawnRepairsSewerSnow RemovalTrash RemovalWater Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 48396 Tax Rate Amount 4.033 Tax Rate Year 2024 Tax Year 2024 Tenant Pays Cable T.V.ElectricGasHeatHot Water Total Operating Expense 58663 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: 888-501-6953.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-16T11:48:45.52.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042