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New 6-Unit Multifamily Building
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49 Watchung Ave, Belleville, NJ 07109

Newly constructed 6-unit brick veneer multifamily building completed in 2021 and 100% leased.

Property SizeContact for details
Days on Market121

Property Features for 49 Watchung Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Clear Height 9 ft
Multifamily Units 6

Building Details

Year Built 2021
Construction brick veneer and vinyl siding
Tenancy Multi
Listing Agency: Providence Real Estate Advisors
Listed By: Daniel Aviles · License #NJ 1431064
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 7:06PM

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 Providence Real Estate Advisors

Investment Insights

Based on property information with market context.

Newly constructed in 2021, this 6-unit multifamily building features a brick veneer exterior with vinyl siding. The apartments include 9’ ceilings and Anderson windows, along with hardwood floors and in-unit amenities such as Samsung appliances and a GE washer and dryer. Units also feature wall mounted boilers and finished kitchen and bath finishes including porcelain Moroccan tile backsplash, soft close cabinets, and ambient lighting.

The property is a short walk to Clara Maass Medical Center. It is also located near public transit, including a nearby Silver Lake Light Rail Station with an approximate 20-minute commute to Downtown Newark, and the Branch Brook Light Rail Station with an approximate 30-minute commute to Manhattan. A Franklin Street bus stop is also steps away, providing an approximate 45-minute commute into Manhattan.

Additional convenience comes from easy access to the Garden State Parkway, Route 21, and Interstate 280. Nearby national retailers include Dollar Tree and CVS, as well as Marshall’s, McDonald’s, White Castle, Popeye’s, and Dunkin’.

Key Highlights

  • Newly constructed 6‑unit multifamily building completed in 2021 with 100% occupancy
  • Brick veneer and vinyl siding; includes 9’ ceilings and Anderson windows
  • In‑unit features include hardwood floors, porcelain Moroccan tile backsplash, and Samsung appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Tech Support Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9 ft
Clear height
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,550
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed 6-unit brick veneer multifamily building completed in 2021 and 100% leased.
Where is this apartment building located?
The property is located at 49 Watchung Ave Belleville, NJ.
What are key features of this property?
This property features: Newly constructed 6‑unit multifamily building completed in 2021 with 100% occupancy; Brick veneer and vinyl siding; includes 9’ ceilings and Anderson windows; In‑unit features include hardwood floors, porcelain Moroccan tile backsplash, and Samsung appliances
More about this property
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