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Remodeled Triplex
For Sale
$510,000

302 Front St, Belvidere, NJ 07823

Three apartments have been updated inside and out, with a replacement roof included in the improvements.

Property SizeContact for details
Days on Market10

Property Features for 302 Front St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Cap Rate 8%
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,943

Amenities

Unfinished
Electric,See Remarks
6
999
5
1
See Remarks
2
1.0
1625
1785
1216
Bedrooms,Kitchen,Living Room,Master Bedroom,See Remarks
Bedrooms,Kitchen,Living Room,See Remarks
No
Corner
Public Water
29X72 IRR. .058AC
0.06
Wood

Building Details

Year Built 1888
Listing Agency:
Listed By: Jay Marquez
Source: Haven
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 28 at 2:50PM

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 Jay Marquez

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property in Belvidere comprises two apartments with two bedrooms each and a one-bedroom apartment. Each unit has one bathroom. Interior and exterior remodeling has been completed, along with installation of a new roof; the building dates to 1888.

The property occupies a corner site in the town center. Tenants cover utilities other than water, sewer, and garbage. The listing reports an 8% cap rate.

Key Highlights

  • Three apartments: two 2‑bedroom units and one 1‑bedroom unit
  • Each apartment has 1 bathroom
  • Interior and exterior remodeling, including a new roof

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 07823, NJ

7,102
Population
3,643
Households
1.9
Avg Household Size
53
Median Age
24%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
283
Density / Sq Mi
$84,381
Median Household Income
$42,805
Median Earnings
$948
Median Rent
$314,600
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments have been updated inside and out, with a replacement roof included in the improvements.
Where is this triplex located?
The property is located at 302 Front St Belvidere, NJ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom units and one 1‑bedroom unit; Each apartment has 1 bathroom; Interior and exterior remodeling, including a new roof
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