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    220 Passaic Ave Belleville, NJ 07109

    For Sale
    $2,100,000

    Commercial - Belleville Twp., NJ

    Property size:
    5,700 SF
    Lot size:
    0.13 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 220 Passaic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement
    Parking features
    Assigned
    Basement Y/N
    1
    Size
    5,700 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, See Remarks (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    3
    Number of units
    6
    Building materials
    Block, Brick
    Architectural style
    Other

    UNITED REAL ESTATE (888) 501-6953 [email protected]

    Listing agent ANDREIA F. MELNIKOFF (888) 501-6953

    Listing date Oct 1, 2025

    MLS# 3970108 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Multifamily Property in Belleville

    Located in Belleville Township, this multifamily property at 220 Passaic Avenue presents an investment opportunity. The 5,700 square foot building, situated on a corner lot, features six units: two 2-bedroom units and four 1-bedroom units. The property was renovated approximately two years ago, with updated interiors, modern finishes, and a security system. Each unit includes in-unit laundry and private storage. There are 9 assigned parking spaces for tenants. A fully finished basement provides additional functional space. The property is currently 100% occupied. Located near Route 21, the Garden State Parkway, and NJ Transit, the property is also near Newark, Bloomfield, and major employment centers. Shopping, schools, and a public park are within walking distance. The lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Essex
    State
    New Jersey
    Longitude
    -74.159099534154
    Latitude
    40.807513912797

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in a high-demand rental market.
    Where is this apartment building located?
    The property is located at 220 Passaic Ave Belleville, NJ.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Fully renovated 6-unit multifamily property with modern finishes and updated interiors.; - Located on a high-visibility corner lot in a high-demand rental market.; - 100% occupied with reliable income, strong tenant retention.
    (888) 501-6953
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    Belleville, NJ 07109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 Passaic Ave Belleville, NJ 07109
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