55 Watchung Ave Belleville, NJ $ 2,100,000
55 Watchung Ave
$ 2,100,000
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55 Watchung Ave

Belleville, NJ, 07109
$ 2,100,000
Bedrooms-- Baths-- Sq 2,700

Monthly Estimate*

$ 13,101

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Commercial Property for sale in Belleville, NJ

for $2,100,000. This 2,700 square foot building was built in 2020 on a lot size of 0.24.

This newly commercial building presents a rare investment opportunity in the Belleville's sought-after market. With its combination of modern finishes, strong occupancy, thoughtful amenities, and a prime location, it is ideally suited for investors seeking a hassle-free, income-producing asset with significant long-term potential. Built in 2020, this impressive property features 6 rental units, three 2-bedrooms/2-bath apartments and three 1-bedroom/1-bath apartments. Each unit has been thoughtfully designed with high-quality stainless-steel appliances, modern cabinetry, and beautiful hardwood flooring throughout, creating a stylish and inviting living space that tenants appreciate. Including 14 parking spaces, assigned storage units, lawn sprinkler system, and security system. With in-unit laundry facilities and an easy access move-in ramp. Outdoor living is a highlight with a shared patio area featuring a cozy fire pit. It is just a short walk to shopping center, retails, dining, and the Grove Street Train Station, providing easy public transit access for commuters. Additionally, a nearby park adds recreational value, enhancing the overall lifestyle appeal for tenants. Don't miss the chance to add this exceptional property to your portfolio.

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 48,396

Style

Apartment Complex

Lot Size

0.24

Year Built

2020

Town/City

Belleville

County/Region

Essex

MLS | Web ID

3970110

Features
General
Sewer Public Sewer
Construction See Remarks
Heating Forced Hot Air
Cooling Central Air
Utilities Electric Gas-Natural
Possession At Closing
Roof See Remarks
Zoning Residential
Year Built 2020
Tenant Pays Cable T.V. Electric Gas Heat Hot Water
Township Belleville Twp.
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area Shopping Mall
Lease Information Month-To-Month
Gross Income 167184
County Essex
Net Operating Income 108520
Operating Expense 58663
Status Active
Directions Belmont Ave to Cross St to Watchung Ave
Number Of Units Total 6
Tax Annual Amount 48396
Drive Assigned Blacktop Off-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 1200000
Town # 1601
Tax Lot 19.01
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Exterior
Water Source Public Water
Exterior Description Aluminum
Building Area Total 2700
Lot Dimensions 100.03 X 104
Lot Size Acres 0.24
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Interior
Fuel Type Electric Gas-Natural
Total Stories 2
Half Baths 0
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* Excluded Features
List By
ANDREIA F. MELNIKOFF

Listing Agent

United Real Estate

Broker

afmelnikoff@gmail.com

Email

Affordability Calculator

$17,134
Per Month
76%
24%
0%
Monthly Principal & Interest
$13,101
Monthly Property Taxes
$4,033
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2025$2,100,000 -8.70% Price Down
6/18/2025$2,300,000 Listed Price

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55 Watchung Ave, Belleville, NJ, 07109 is a Commercial Property for sale at $2,100,000 with 2,700 sqft and a lot size of 0.24. 55 Watchung Ave was built in 2020. The property's zip code is 07109 which is in Belleville, NJ