Apartment with
78-102 Washington Ave # 212, Belleville, NJ 07109
For Sale
New
Contact for pricing
The residence pairs a flexible den with an open living and dining area.
Property Size870 SF
Price / SF$2.75
Days on Market2
Property Features for 78-102 Washington Ave # 212
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Public Transit
Amenities
fitness center
resident lounge
secure controlled access
package management
outdoor gathering spaces
pet-friendly
stainless steel appliances
quartz countertops
luxury flooring
in-unit washer and dryer
central air
oversized windows
generous closet space
Tile,Wood
1 Bedroom,Bath Main
Center Island,Full Bath,Liv/Dining Combo,Walk-In Closet
1
In Unit
Inside Entrance,Storage Room
Elevator,Intercom,WlkInCls
Public Water
00
0.00
Patio,Sidewalk
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Reisha Baker
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 4:09PM
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 Reisha Baker
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Investment Insights
Based on property information with market context.
This 870-square-foot apartment has one bedroom and a separate den, with an open living and dining area. The kitchen includes an island, stainless steel appliances, and quartz countertops. In-unit laundry, central air, oversized windows, and a walk-in closet are among the interior features. The building was completed in 2025 and includes elevator service, controlled entry, a fitness center, and a resident lounge.
Outdoor gathering areas and a patio complement the shared amenities. NJ Transit, shopping, dining, recreation, and major highways are noted nearby. On-site parking is available, and the community permits pets.
Outdoor gathering areas and a patio complement the shared amenities. NJ Transit, shopping, dining, recreation, and major highways are noted nearby. On-site parking is available, and the community permits pets.
Key Highlights
- 870‑square‑foot, one‑bedroom apartment with a den
- Kitchen features an island, stainless steel appliances, and quartz countertops
- In‑unit washer and dryer; central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,580
$267.6K
Cap Rate 7%
$191,129
$191.1K
Cap Rate 9%
$148,656
$148.7K
Market Conditions
NOI Build-Up for 870 SF
Gross rent
$26.1K $30.00/SF
− Vacancy
−$1.8K −$2.04/SF
EGI
$24.3K $27.96/SF
− OpEx
−$10.9K −$12.58/SF
NOI
$13.4K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,580
Cap Rate 7%
$191,129
Cap Rate 9%
$148,656
Alternative Uses
Best Use
Apartment 5plus
$191.1K
$167.2K – $223.0K
NOI $13,379 @ 7.0% cap · market cap 558.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.2K
$198.8K – $265.0K
NOI $15,902 @ 7.0% cap · market cap 663.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,298
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
$405,500
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Belleville, NJ
Properties on Market for Residential income properties in Belleville
Frequently Asked Questions
What type of property is this?
Residential income property - The residence pairs a flexible den with an open living and dining area.
Where is this residential income property located?
The property is located at 78-102 Washington Ave # 212 Belleville, NJ.
What are key features of this property?
This property features: 870‑square‑foot, one‑bedroom apartment with a den; Kitchen features an island, stainless steel appliances, and quartz countertops; In‑unit washer and dryer; central air
