Modern Multifamily Asset in
For Sale
$1,800,000
55 Watchung Ave, Belleville, NJ 07109
Six-unit apartment building built in 2020 with modern finishes.
Property Size2,700 SF
Price / SF$666.67
Days on Market100
Property Features for 55 Watchung Ave
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$49,884
Amenities
Central air
Blacktop Driveway
Central Air Cooling
Concrete Driveway
Forced Hot Air Heating
Multi-Zone Cooling
Multi-Zone Heating
Off-Street Parking
Building Details
Year Built
2020
Listing Agency:
UNITED REAL ESTATE
(888) 501-6953
Listed By:
ANDREIA F. MELNIKOFF
Source:
Corcoran
Added: May 20
Changed: Aug 22
Last Checked: Aug 26 at 8:02AM
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 UNITED REAL ESTATE
Investment Insights
Based on property information with market context.
This well-maintained 6-unit multifamily property, built in 2020, is located in a desirable and commuter-friendly location in Belleville. The building features three 2-bedroom/2-bath units and three 1-bedroom/1-bath units, all with contemporary finishes. Each apartment includes stainless steel appliances, modern cabinetry, hardwood flooring, and in-unit laundry. The property offers 14 parking spaces, assigned storage units, a security system, a lawn sprinkler system, and ADA-friendly accessibility with an easy-access move-in ramp. Residents have access to a shared outdoor patio with a fire pit. The property provides convenient access to public transportation and major commuting routes. The property size is 2700 square feet.
Key Highlights
- New construction built in 2020, ensuring low maintenance.
- Income‑producing multifamily asset, a great investment opportunity.
- Desirable, commuter‑friendly location with public transportation access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building built in 2020 with modern finishes.
Where is this apartment building located?
The property is located at 55 Watchung Ave Belleville, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: New construction built in 2020, ensuring low maintenance.; Income‑producing multifamily asset, a great investment opportunity.; Desirable, commuter‑friendly location with public transportation access.
