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For Sale
Belleville Twp.
220 Passaic Ave

220 Passaic Ave

Belleville Twp., NJ 07109

$2,000,000

0.13 Acre

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220 Passaic Ave
Belleville Twp., NJ 07109

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Belleville Twp. / NJ

Multi Family HIGHLIGHTS

Listing Status

Pending
Property Type

Commercial Sale, Multi Family
Year Built

1928
Cooling

Yes - Central Air
Heating

Yes - Electric, Forced Air, Natural Gas
Stories

3
RE Tax

$20,169

Listing courtesy of ANDREIA F. MELNIKOFF of UNITED REAL ESTATE.

This is an outstanding investment opportunity in the heart of Belleville! 220 Passaic Avenue is a 6-Unit Multifamily Property, located on a high-visibility corner lot and in a high-demand rental market. This 5,700 SqFt building sits on corner lot and features a desirable mix unit of two 2-bedroom units and four 1-bedroom units. The property was comprehensively renovated approximately two years ago, with updated interiors, modern finishes, and security system. Each unit includes in-unit laundry and private storage, offering comfort and convenience for tenants. Additional upgrades include security system covering hallways and exterior areas. Tenants benefit from 9 assigned parking spaces and access to a fully finished basement that adds functional space and long-term potential. The property is 100% occupied, delivering reliable income, strong tenant retention, and low vacancy rate. Located near Route 21, the Garden State Parkway, and NJ Transit. Just minutes from Newark, Bloomfield, and major employment centers this asset is also within walking distance of shopping, schools, and a public park. This is a rare chance to acquire a fully stabilized, recently upgraded multifamily asset in a sought-after Essex County submarket.

220 Passaic Ave

Facts & Features

Acres

0.13 Acres
Listing Status

Pending
MLS #

3970108

Property Type

Multi Family
Year Built

1928

Security Features

Smoke Detector(s)

Building Area Total

5700
Construction Materials

Brick
Total Number of Units

6
Total Stories

3
Year Built

1928

Zoning Description

Residential

Parking Features

Off Street

Annual Taxes

$20,169

Basement

Finished, Full
Cooling

Yes - Central Air
Has Basement

Yes
Heating

Yes - Electric, Forced Air, Natural Gas

Sewer

Public Sewer
Utilities

Natural Gas Available
Water Source

Public

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $1,681

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

220 Passaic Ave

Location

Nearby Points of Interest

Mary St. Park
Parks
7-Eleven
Common Needs, Chain
Juric, Vlatka
Health Care, Independent
Recreation Ground
Parks
Angel Home Physical Therapy
Health Care, Independent

Data courtesy of LocalLogic.co

Neighborhood

Nutley

Nutley is a township in Essex County offering a well-established residential environment, a defined town center, and strong regional connectivity. Its layout blends neighborhood streets with commercial corridors, allowing residents...

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220 Passaic Ave

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