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Remodeled Quadplex with Deck
For Sale
$640,000

332 Water St, Belvidere, NJ 07823

MULTI_FAMILY - Belvidere Twp., NJ

Property SizeContact for details
Lot Size0.22 Acres
Days on Market96

Property Features for 332 Water St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bathroom 1, Bedroom 6, Bathroom 2, Bathroom 4, Basement, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Parking 4
Patio and Porch features Deck
Exterior features Deck
Directions On Water St
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
Listed By: MARC WEITZ · License #296166
Added: May 27 Changed: Aug 18 Last Checked: Aug 30 at 7:06PM
MLS# 4030489

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 quadplex at 332-334 Water St features brick exterior construction with a deck and baseboard electric heating. The layout includes four apartments: two 2-bedroom units and two 1-bedroom units, each with 1 bathroom. The property was remodeled within the last 8 years, and a recent roof replacement was completed. Parking for 4 cars is provided, and the building includes a basement.

Utilities are structured so tenants pay for all utilities except water/sewer and garbage. Public water and public sewer are available, and the roof is shingle. The property is zoned B.

With the current mix of two 2-bedroom and two 1-bedroom apartments, the unit configuration supports flexible tenant demand while offering a straightforward, hands-on management profile for owners seeking a manageable multifamily asset.

Key Highlights

  • Quadplex with brick exterior, deck, and baseboard electric heating
  • Two 2‑bedroom units and two 1‑bedroom units, each with 1 bathroom
  • Remodeled in the last 8 years and recent roof replacement

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

354
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Remodeled quadplex in zoning B with two 2-bedroom and two 1-bedroom units, deck, and parking for 4 cars.
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: Quadplex with brick exterior, deck, and baseboard electric heating; Two 2‑bedroom units and two 1‑bedroom units, each with 1 bathroom; Remodeled in the last 8 years and recent roof replacement
More about this property
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