302 Belmont Ave
Belleville Twp, NJ 07109
Price: $899,000
GSMLS: 4055786Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 11
Baths: 4 Full
Garage: No
Year Built: 1922
Acres: 0.08
Property Tax: $15,447
Description
Open House Saturday 12PM–2PM.
RARE 3-FAMILY INVESTMENT OPPORTUNITY IN BELLEVILLE! Welcome to 302 Belmont Ave an impressive income-producing three-family property offering approximately 4,650 sq. ft. of living space, 11 bedrooms and 4 bathrooms.This is the type of property investors and owner-occupants look for: three spacious units, finished basement, strong rental income potential, and tenants paying their own utilities. With projected market rents totaling approximately $9,800 per month $117,600 annually the numbers make this property especially attractive for buyers looking to add a substantial multi-family asset to their portfolio.The property offers generous layouts throughout and the flexibility to continue operating it strictly as an investment or occupy one unit while collecting rent from the others. Convenient Belleville location with access to major highways, shopping, restaurants, schools and transportation to NYC.Multi-family properties of this size and income potential don't come along often. Bring your investors, owner-occupants and buyers looking for serious rental potential. Bring your best offer and best terms. .General Info
Style:
3-Three Story
SqFt Building:
4,650
Total Rooms:
18
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
35X94
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None, See Remarks
Parking:
1 Car Width, Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
Yes
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
Yes
Unit 3
Bedrooms:
4
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
Yes
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
BELLEVILLE
Middle:
BELLEVILLE
High School:
BELLEVILLE
Community Information
County:
Essex
Town:
Belleville Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$899,000
Tax Amount:
$15,447
Land Assessment:
$79,600
Build. Assessment:
$333,200
Total Assessment:
$412,800
Tax Rate:
4.16
Tax Year:
2025
Listing Information
MLS ID:
4055786
List Date:
09-29-2026
Days On Market:
1
Listing Broker:
REALTY EMPIRE, LLC
Listing Agent:
Hesham Hamdam
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
