Two-Family Property with Separate
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
(866) 201-6210
Listed By:
PAWEL TOMCZYK
(866) 201-6210
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.
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
NOI $61,924 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$812.8K
$711.2K – $948.3K
NOI $56,899 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$966.1K
$845.4K – $1.13M
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
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