Four-Unit Apartment
332 Water St Belvidere, NJ 07823
332 Water St, Belvidere, NJ, 07823
$640,000
For Sale
$640,000
MULTI_FAMILY - Belvidere Twp., NJ
Lot Size0.22 Acres
Days on Market51
Property Features for 332 Water St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 5
- Parking
- 4
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Standard status
- Active
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9906
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1868
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
FAIRCLOUGH REALTORS
(973) 726-7800
265 SPARTA -, Sparta, NJ
Listed by
MARC WEITZ · License #296166
(973) 726-7800
Added: May 27 Checked: Jul 16 at 3:06 pm
MLS# 4030489
Listing URL
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.
Investment Insights
Based on property information with market context.
This brick exterior four-unit apartment building offers a simple, income-focused layout with two two-bedroom units and two one-bedroom units, and each apartment includes one bathroom. The property has been remodeled within the last eight years, and a recent roof replacement has been completed, supporting day-to-day durability for long-term operation. Off-street parking is provided for four cars.
The building is located at 332-334 Water St in Belvidere Township, NJ 07823, in the heart of Belvidere as described in the listing remarks. Tenants occupy the space as separate apartments, and the property is set up for straightforward management.
From an owner or investor standpoint, the utility structure is a key operational consideration. Per the remarks, tenants pay for all utilities except water/sewer and garbage, which can help reduce owner-managed expenses compared with properties where most utilities are landlord-paid. The listing also states a 7.5% cap rate. With four distinct apartments, this building may appeal to buyers seeking a manageable, portfolio-add size while maintaining a residential income mix of two- and one-bedroom units.
The building is located at 332-334 Water St in Belvidere Township, NJ 07823, in the heart of Belvidere as described in the listing remarks. Tenants occupy the space as separate apartments, and the property is set up for straightforward management.
From an owner or investor standpoint, the utility structure is a key operational consideration. Per the remarks, tenants pay for all utilities except water/sewer and garbage, which can help reduce owner-managed expenses compared with properties where most utilities are landlord-paid. The listing also states a 7.5% cap rate. With four distinct apartments, this building may appeal to buyers seeking a manageable, portfolio-add size while maintaining a residential income mix of two- and one-bedroom units.
Key Highlights
- 4‑unit brick multifamily at 332‑334 Water St in the heart of Belvidere, built in 1868
- Unit mix: two 2‑bedroom apartments and two 1‑bedroom apartments; each unit has 1 bathroom
- Remodeled within the last 8 years
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four two-story apartments with recent remodels, a replaced roof, and four-car parking, with most utilities tenant-paid.
Where is this quadplex located?
The property is located at 332 Water St Belvidere, NJ.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 4‑unit brick multifamily at 332‑334 Water St in the heart of Belvidere, built in 1868; Unit mix: two 2‑bedroom apartments and two 1‑bedroom apartments; each unit has 1 bathroom; Remodeled within the last 8 years
