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One-Bedroom Apartment with Den

78-102 Washington Ave # 333, Belleville, NJ 07109

For Sale
New
Contact for pricing

Apartment features include an in-unit washer and dryer, central air, and access to shared fitness and resident lounge spaces.

Property Size870 SF
Price / SF$2.64
Days on Market2

Property Features for 78-102 Washington Ave # 333

General Information

Standard status Active
Size 870 SF
Elevators Yes
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Currently Operating Yes

Amenities

fitness center
resident lounge
secure controlled access
package management
outdoor gathering spaces
pet-friendly
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 2025
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 8 at 4:53PM

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

Rey
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Investment Insights

Based on property information with market context.

This one-bedroom, one-bath apartment at The Essex measures 870 square feet. The interior includes a combined living and dining area, kitchen with an island, walk-in closet, and a full bath. Quartz countertops, stainless steel appliances, wood and tile finishes, central air, and an in-unit washer and dryer are among its features. The building was constructed in 2025 and has elevator service, controlled access, and an intercom system.

Community amenities include a fitness center, resident lounge, package management, outdoor gathering areas, and available on-site parking. NJ Transit, major highways, shopping, dining, and recreation are identified among the nearby conveniences. Apartment layouts, finishes, and views vary by residence.

Key Highlights

  • 870‑square‑foot, one‑bedroom apartment with one bath
  • Kitchen includes an island, quartz countertops, and stainless steel appliances
  • 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 (±1% cap)
NOI $13,379 @ 7.0% cap · market cap 582.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.2K
$198.8K – $265.0K (±1% cap)
NOI $15,902 @ 7.0% cap · market cap 692.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Belleville, NJ

$295 Jul
$315 Aug
$324 Sep
$309 Oct

Properties on Market for Multifamily properties in Belleville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Apartment features include an in-unit washer and dryer, central air, and access to shared fitness and resident lounge spaces.
Where is this multifamily property located?
The property is located at 78-102 Washington Ave # 333 Belleville, NJ.
What are key features of this property?
This property features: 870‑square‑foot, one‑bedroom apartment with one bath; Kitchen includes an island, quartz countertops, and stainless steel appliances; In‑unit washer and dryer; central air
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