549 Washington Ave Belleville, NJ $ 1,200,000
549 Washington Ave
$ 1,200,000
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549 Washington Ave

Belleville, NJ, 07109
$ 1,200,000
Baths0.6

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Belleville, NJ

for $1,200,000 with 6 half baths. This building was built in 1922 on a lot size of 0.14.

Welcome to the heart of Belleville in the middle of all the action! This is your chance to own a truly turn keep 6 unit income producing property. Consisting of 4- large 2 BEDROOM apartments, 2 commercial office/ retail spaces (currently being used as one large space) and bonus long term lease with T-Mobile for lease of the roof space.

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Commercial Pending

Price

$ 1,200,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 26,497

Style

MixedUse

Lot Size

0.14

Year Built

1922

Town/City

Belleville

County/Region

Essex

MLS | Web ID

3892575

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Baseboard - Hotwater Radiators - Steam
Cooling 1 Unit Central Air
Utilities Electric Gas-Natural
Possession 30-60
Roof Flat
Zoning B-G
Garage Spaces 0
Year Built 1922
Tenant Pays Electric Gas Heat Hot Water
Township Belleville Twp.
Property Type Mixed Use Office/Apartments Office/Retail MixedUse
Tax Year 2023
Percent Ownership Fee Simple
Location Business District Freestanding
Gross Income 122016
County Essex
Net Operating Income 72516
Operating Expense 49500
Subdivision Name Center of Town
Status Under Contract
Directions Belleville Ave to Washington Ave or RT 21 to Main St left onto Little St Right onto Washington Ave
Total Units 6
Street Name Washington Ave
Tax Annual Amount 26497
Drive None
Leasable Area 2000
Days on Market 57
Standard Status Under Contract
Tax Assessed Value 677000
Town # 1601
Tax Lot 33
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Interior
Basement Full Storage Unfinished
Flooring Carpeting Tile Vinyl-Linoleum Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Lot Features Level Lot Skyline View
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 6400
Lot Dimensions 50X122
Lot Size Acres 0.14
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* Excluded Features
List By
JOSEPH J. SCOTTO

Listing Agent

C-21 Cedarcrest Realty

Broker

workwithjoec21@gmail.com

Email

Affordability Calculator

$10,184
Per Month
78%
22%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$2,208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$1,200,000 Listed Price

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549 Washington Ave, Belleville, NJ, 07109 is a Commercial Property for sale at $1,200,000 with a lot size of 0.14. 549 Washington Ave is a studio with 0.6 baths and was built in 1922. The property's zip code is 07109 which is in Belleville, NJ