228 Belleville Ave Belleville, NJ 07109-2434

Property Details for 228 Belleville Ave

Year built

1952

Construction

FRAME

Lot size

0.18 lot acres

Property size

1,073 SF

Property type

Commercial real estate

APN

01 05903-0000-00041

APU

105903000000041

Description

This exceptional investment opportunity in Belleville, NJ, presents a unique blend of income-generating properties situated on a prime 8,000 square foot lot at a high-traffic corner. The offering includes a substantial free-standing commercial building totaling 4,728 square feet. This building features ground floor retail or business space, ample storage on the upper level, and a separate basement accessible from the exterior. Adding to the investment potential are two additional free-standing residential buildings. One is a two-story single-family home, while the other is a three-story, three-family home, each equipped with a full basement. A key advantage is the completely separate utility services for each building, simplifying management and maximizing efficiency. The property's location near local parks further enhances its appeal. This assemblage presents a compelling opportunity for a developer or investor seeking a diversified portfolio with multiple income streams in a highly desirable location. The property's size and configuration offer significant potential for future development or expansion, making it an ideal acquisition for long-term growth and profitability. The current configuration provides immediate cash flow, while the location and size offer significant upside potential.