Duplex with
60 Naples Ave, Belleville, NJ 07109
For Sale
$525,000
Multi-Family, Under/Over, Belleville Twp., NJ
Property Size1,856 SF
Lot Size0.06 Acres
Price / SF$282.87
Days on Market50
Property Features for 60 Naples Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Exterior features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
yard with patio
Building Details
Year built
Number of units
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
STAR REAL ESTATE AGENCY
(201) 997-7900
Listed By:
RACHEL DEANNA MILITO · License #299046
(201) 321-3220
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 9 at 4:06AM
MLS# 4054193
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.
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Investment Insights
Based on property information with market context.
This 1922 duplex contains 1,856 square feet across two residential levels. The lower unit includes one bedroom, a living room, eat-in kitchen, bathroom, and rear foyer with access to the back door. The upper unit offers two bedrooms, a living room, eat-in kitchen, and bathroom. A deck, patio, storage shed, and yard provide outdoor and storage features.
The property sits in Belleville Township’s Silver Lake section, with shopping, transportation, schools, parks, and a hospital identified nearby. Public water and public sewer serve the home, and heating is provided by baseboard and hot water systems. Tenants pay gas and electric, while the owner pays sewer and water.
The property sits in Belleville Township’s Silver Lake section, with shopping, transportation, schools, parks, and a hospital identified nearby. Public water and public sewer serve the home, and heating is provided by baseboard and hot water systems. Tenants pay gas and electric, while the owner pays sewer and water.
Key Highlights
- Two‑family duplex with 1,856 square feet
- Lower unit has 1 bedroom; upper unit has 2 bedrooms
- Built in 1922 with baseboard and hot water heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,062
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,240
$621.2K
Cap Rate 7%
$443,743
$443.7K
Cap Rate 9%
$345,133
$345.1K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$47.4K $25.56/SF
− Vacancy
−$3.1K −$1.65/SF
EGI
$44.4K $23.91/SF
− OpEx
−$13.3K −$7.17/SF
NOI
$31.1K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,240
Cap Rate 7%
$443,743
Cap Rate 9%
$345,133
Alternative Uses
Best Use
Multifamily LT 5
$443.7K
$388.3K – $517.7K
NOI $31,062 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$407.7K
$356.8K – $475.7K
NOI $28,542 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$484.6K
$424.1K – $565.4K
NOI $33,925 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,557
Businesses Nearby
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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
$405,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Belleville, NJ
Properties on Market for Duplexes in Belleville
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide one- and two-bedroom layouts with shared outdoor space and tenant-paid gas and electric.
Where is this duplex located?
The property is located at 60 Naples Ave Belleville, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑family duplex with 1,856 square feet; Lower unit has 1 bedroom; upper unit has 2 bedrooms; Built in 1922 with baseboard and hot water heating
