133 Mount Prospect Ave, Belleville, NJ 07109
3-Three Story, Multi-Family - Belleville Twp., NJ
- Added:
- Jun 9, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 12 at 10:06 am
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
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room, Master Bedroom
- Parking
- 6
- Parking features
- Driveway
- Interior features
- Carbon Monoxide Detector, Carpeting, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
- Basement Y/N
- 1
- Appliances
- Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Size
- 3,700 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 19384
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1917
- Number of units
- 2
- Building materials
- Aluminum Siding
- Roof type
- Asphalt, Flat, Shingle
- Architectural style
- Other
Listing agent PAWEL TOMCZYK (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY ROAD, Montclair, NJ (866) 201-6210
Listing date Jun 9, 2026
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.
HighLights
- Belleville 2‑family with all separate entrances and 4 finished levels for flexible long‑term rental use
- Total approx. 3,700 sq ft plus a finished basement with full bath, multiple rooms, laundry room, and sump pump
- 1st‑floor unit: living room, dining room, eat‑in kitchen, 2 bedrooms, and 1 full bath
- 2nd‑floor unit: two 300 sq ft bedrooms, 2 full baths, living room, dining room, and eat‑in kitchen; includes a back porch
- Finished walkout basement includes a full bath, multiple rooms, and laundry; basement features include sump pump
- Successful property tax appeal effective 1/1/27 reducing taxes from $19,384.09 to $14,661.74 (2026 tax rate); confirmation pending 2027 rate
Overview
Set on a quiet street in Belleville Twp., the home is within walking distance of local schools and transit. It is about a 5-minute walk to Belleville Elementary School 8, a 9-minute walk to Belleville Middle School, and roughly a 2-minute walk to the Union Ave at Holmes St local 74 bus stop. The Union Ave at Belleville Ave NJ Transit 109 bus stop is about a 10-minute walk and is described as going directly to the NYC Port Authority Bus Terminal. The Belleville Buccaneers Municipal Sports Field is about a 1-minute walk away, and restaurants are within walking distance on Washington and Belleville Ave.
Ready for immediate occupancy, the separate entrances and multi-level configuration can support long-term rental use. The seller notes a successful property tax appeal effective 1/1/27, lowering taxes from $19,384.09 to $14,661.74 based on the 2026 tax rate, with the 2027 rate to be confirmed. The listing also states the property qualifies for Provident Bank’s 5% down payment loan with no PMI at a 5.75% interest rate and no income limit.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1591894
- Latitude
- 40.7926357