40.84059 -74.20532

191 Bellevue Ave Montclair Township, NJ 07043

325381066 40.84059 -74.20532 2412 /listing/325381066-150272568/191-bellevue-ave-montclair-township-nj-07043 False 0 4995000.0 101 3817034 False
  • $4,995,000
  • 0.46 lot
  • Est payment $26814.24/mo

Property & Neighborhood Info

Courtesy Of COMPASS NEW JERSEY LLC, 973-310-7360

Commercial in Montclair Twp.

RARE opportunity to own a 21 unit apartment building in Upper Montclair. Located steps from Upper Montclair's shopping, restaurants and Midtown Direct train and bus service, this building features sun filled apartments with high ceilings, parquet floors, some stained glass windows, six 5 room apartments, six 4 room apartments and 9 3 room apartments, including 3 garden units. Brick and stucco building. Coin operated washers and dryers in the basement as well as bicycle racks. Parking for 19 cars in the rear. Fully rented building with all apartments having 1 year leases. Recent roof work completed and new boiler installed recently. Some newer windows. Income and expense figures available. Huge upside rent potential. Landlord pays gas, all apartments have separate electric, super onsite.

Courtesy Of COMPASS NEW JERSEY LLC, 973-310-7360
  1. 0.46 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1927
  • Garage: 19.0
  • Floors: 3
  • County: Essex
  • Taxes: $79,531.00
  • Tax Year: 2021
  • Units: 21
  • Zoning: NC
  • Subdivision: Upper Montclair
  • MLS Number:3817034

Additional Features

  • Ceiling Height:
    • 0
  • Cooling:
    • See Remarks
  • Equipment:
    • Fire Alarm
    • Smoke Detector
  • Flooring:
    • Laminate
    • Parquet
  • Location:
    • Freestanding
  • Number of Docks:
    • 0
  • Roof:
    • Fiberglass
  • Water Source:
    • Public Water
  • Year Built Description:
    • Approximate
  • Basement:
    • Full
  • Door Height:
    • 0
  • Exterior:
    • Brick/Block
    • See Remarks
  • Acres:
    • 0.46
  • Lot Features:
    • Level Lot
  • Parking:
    • Blacktop
  • Expenses Include:
    • Electricity
    • Gas/Oil
    • Insurance
    • Snow Removal
    • Taxes
    • Trash
    • Water/Sewer
  • Heating:
    • 1 Unit
    • Radiators - Steam
  • Heating Source:
    • Gas-Natural
  • Sewer:
    • Public Sewer
  • Utilities:
    • Gas In Street
    • Gas-Natural
  • Utilities Paid By:
    • Other
  • Permitted Use:
    • Apartment Building
  • Availability:
    • Immediately
  • Documents Available:
    • Income & Expenses
    • Leases
  • Easements:
    • Unknown
  • For Sale or Lease:
    • For Sale
  • Gross Income:
    • 442599
  • Lease Info:
    • See Remarks
  • Owner Pays:
    • Gas
    • Heat
    • Hot Water
    • Maintenance-Lawn
    • Sewer
    • Snow Removal
    • Trash Removal
    • Water
  • Sale Includes:
    • Building Only
  • Tax Rate:
    • 3.231
  • Tenant Pays:
    • Electric
  • Assessment Building:
    • 1606500
  • Assessment Land:
    • 855000
  • Attribution Contact:
    • 973-310-7360
  • Net Income:
    • 272666
  • Number Of Bays:
    • 0
  • Operating Expense:
    • 173532
  • Ownership Type:
    • Fee Simple
  • Possession:
    • Immediate
  • Suite Num:
    • 0
  • Tax Assessment:
    • 2461500
  • Tax Block:
    • 2602
  • Tax Property ID:
    • 21
  • Tax ID:
    • 1613-02602-0000-00021-0000-
  • Unit 1 Bed Total Beds:
    • 9
  • Unit 2 Bed Total Beds:
    • 6
  • Unit 3 Bed Total Beds:
    • 0
  • Unit 4 Total Beds:
    • 0
Neighborhood info courtesy of Homes.com © 2023

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$38,769.95*
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Marie Episale
Marie Episale
Broker-Salesperson, Sales Manager
142 Route 23 North Pompton Plains NJ 07444
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