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133 Mount Prospect Ave, Belleville, NJ, 07109
Two-Family Property with Separate Entrances

133 Mount Prospect Ave Belleville, NJ 07109

For Sale
$749,990
Pending

MULTI_FAMILY - Belleville Twp., NJ

Property Size3,700 SF
Lot Size0.12 Acres
Days on Market49

Property Features for 133 Mount Prospect Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-A1
Bedrooms 6
Bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Basement, Bathroom 1, Bathroom 4, Bedroom 1
Parking 6
Interior features Carbon Monoxide Detector, Carpeting, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
Standard status Pending
Size 3,700 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19384

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1917
Floors in Building 3
Number of units 2
Roof type Flat, Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: PAWEL TOMCZYK
Added: Jun 9 Changed: Jul 13 Last Checked: Jul 27 at 9:06PM
MLS# 4033354

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family property offers a 4-level layout with finished space throughout, including a finished walkout basement and additional finished 3rd level space. Both floors are configured as separate units with their own entrances, with the 1st floor featuring a living and dining area, an eat-in kitchen, two bedrooms, and a full bath. The 2nd floor unit includes living and dining space, an eat-in kitchen, two full baths, and two large bedrooms, plus a 2nd level back porch. The finished basement includes multiple rooms, a laundry room, a full bath, and a sump pump, and the finished 3rd level provides two additional bedrooms.

The property sits on a quiet street with an exclusive driveway and parking in the back. It is described as ready for immediate occupancy.

With separate entrances for each level, the building can support long-term rental ownership while offering distinct living arrangements within the same overall structure. The presence of finished basement and additional bedrooms on the 3rd level may appeal to tenants seeking more space within a self-contained setup.

Key Highlights

  • Belleville 2‑family with exclusive driveway and back parking, on a quiet street
  • 4 finished levels, each with separate entrances, plus a finished walkout basement
  • Approx. 3,700 sq ft total, with multiple finished levels including 1st, 2nd, and 3rd‑level bedrooms and baths

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $94.6k $25.56
− Vacancy −$6.1k −$1.65
EGI $88.5k $23.91
− OpEx −$26.5k −$7.17
NOI $61.9k $16.74
3,700 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$884.6K
$774.1K – $1.03M (±1% cap)
NOI $61,924 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$812.8K
$711.2K – $948.3K (±1% cap)
NOI $56,899 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$966.1K
$845.4K – $1.13M (±1% cap)
NOI $67,630 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Butcher

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with exclusive rear parking and multiple finished levels, each with separate entrances for flexible tenancy.
Where is this duplex located?
The property is located at 133 Mount Prospect Ave Belleville, NJ.
What is the asking price?
The asking price for this property is $749,990.
What are key features of this property?
This property features: Belleville 2‑family with exclusive driveway and back parking, on a quiet street; 4 finished levels, each with separate entrances, plus a finished walkout basement; Approx. 3,700 sq ft total, with multiple finished levels including 1st, 2nd, and 3rd‑level bedrooms and baths
More about this property
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