Renovated Two-Family
For Sale
$875,000
1 Bell St, Belleville, NJ 07109
Multi-Family, 3-Three Story, Belleville Twp., NJ
Property Size4,399 SF
Lot Size0.10 Acres
Price / SF$198.91
Days on Market22
Property Features for 1 Bell St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 1
Parking
2
Lot features
Corner
Elementary school
NUMBER 3
Middle school
BELLEVILLE
High school
BELLEVILLE
Directions
Little St. to Bell St.
Standard status
Active
Size
4,399 SF
Lot size
0.10 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12965
Utilities
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Amenities
backyard
outdoor space
Building Details
Year built
1911
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX PROFESSIONALS I · RE/MAX International
(973) 450-4000
Listed By:
ALAIN BEADE
(973) 418-0425
Added: Oct 14
Changed: Nov 2
Last Checked: Nov 4 at 9:06AM
MLS# 4058895
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.
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Investment Insights
Based on property information with market context.
This renovated, three-story duplex contains two residences within 4,399 square feet. Improvements were completed in 2025. One unit is vacant, and the second is occupied by a tenant. The property also includes a two-car garage, off-street parking, and a backyard.
The 0.1-acre property is in Belleville Township, Essex County, with access to Route 21, the Garden State Parkway, and NYC commuter routes. Public water serves the property. Heating is provided by baseboard and hot-water systems.
The 0.1-acre property is in Belleville Township, Essex County, with access to Route 21, the Garden State Parkway, and NYC commuter routes. Public water serves the property. Heating is provided by baseboard and hot-water systems.
Key Highlights
- Renovated in 2025
- 4,399 square feet across three stories
- Two‑unit property with one vacant residence and one tenant‑occupied residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,622
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,440
$1.5M
Cap Rate 7%
$1,051,743
$1.1M
Cap Rate 9%
$818,022
$818.0K
Market Conditions
NOI Build-Up for 4,399 SF
Gross rent
$112.4K $25.56/SF
− Vacancy
−$7.3K −$1.65/SF
EGI
$105.2K $23.91/SF
− OpEx
−$31.6K −$7.17/SF
NOI
$73.6K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,440
Cap Rate 7%
$1,051,743
Cap Rate 9%
$818,022
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$920.3K – $1.23M
NOI $73,622 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$966.4K
$845.6K – $1.13M
NOI $67,648 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,407 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 07109, NJ
38,078
Population
15,045
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
11,539
Density / Sq Mi
$90,164
Median Household Income
$47,446
Median Earnings
$1,596
Median Rent
$405,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant while the other is leased, with garage parking and outdoor space.
Where is this duplex located?
The property is located at 1 Bell St Belleville, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Renovated in 2025; 4,399 square feet across three stories; Two‑unit property with one vacant residence and one tenant‑occupied residence
