Renovated Duplex with
For Sale
$875,000
1 Bell St, Belleville, NJ 07109
One unit is vacant, while the other is rented, offering a mix of immediate occupancy and existing tenancy.
Property Size4,399 SF
Price / SF$198.91
Days on Market20
Property Features for 1 Bell St
General Information
Standard status
Active
Size
4,399 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Amenities
off-street parking
spacious backyard
outdoor space
Building Details
Building Size
4,399 SF
Year Built
1911
Year Renovated
2025
Buildings
1
Stories
3
Units
2
Listing Agency:
Re/Max Professionals I
(973) 450-4000
Listed By:
Alain Beade
(973) 418-0425
Source:
Culturaunitedrealty
Added: Oct 14
Changed: Oct 30
Last Checked: Oct 29 at 7:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Professionals I
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Investment Insights
Based on property information with market context.
Renovated in 2025, this three-story duplex includes three full bathrooms, a two-car garage, off-street parking, and a backyard. One unit is vacant and the other is currently rented. The property was built in 1911 and has 4,399 in reported property size.
The home is in Belleville, near local restaurants and shopping, with access to Route 21, the Garden State Parkway, and NYC commuter routes.
The home is in Belleville, near local restaurants and shopping, with access to Route 21, the Garden State Parkway, and NYC commuter routes.
Key Highlights
- Renovated in 2025
- Three‑story duplex with 3 full bathrooms
- Two‑car garage, off‑street parking, and backyard
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
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One unit is vacant, while the other is rented, offering a mix of immediate occupancy and existing tenancy.
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; Three‑story duplex with 3 full bathrooms; Two‑car garage, off‑street parking, and backyard
