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For Sale
Belleville
220 Passaic Avenue

220 Passaic Avenue

Belleville, NJ 07109

$2,000,000

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220 Passaic Avenue
Belleville, NJ 07109

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200 / Belleville / NJ

Industrial HIGHLIGHTS

Listing Status

Pending
Property Type

Commercial Sale, Industrial
Cooling

Yes - Central Air, Electric
Heating

Yes - Central, Electric, Forced Air
RE Tax

$20,169

Listing courtesy of Andreia Melnikoff of United Real Estate.

This is an outstanding investment opportunity in the heart of Belleville! 220 Passaic Avenue is a six-unit multifamily property, fully leased, located on a high-visibility corner lot and in a high-demand rental market. With 5 years of taxes abatement, this 5,700 sqf building sits on a 5,484 sqf 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 a full building-wide fire alarm system and a comprehensive security camera system covering hallways and exterior areas. Tenants benefit from nine 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 Avenue

Facts & Features

Area

200
Listing Status

Pending
MLS #

25021200

Neighborhood

200
Property Type

Industrial

Annual Taxes

$20,169

Cooling

Yes - Central Air, Electric
Heating

Yes - Central, Electric, Forced Air

Utilities

Electricity Available, Natural Gas Available

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 Avenue

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 Avenue

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are marked with the Internet Data Exchange logo and information about them
includes the name of the listing brokers. Some properties listed with the participating brokers do not
appear on this website at the request of the seller. Listings of brokers that do not participate in
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Last date updated: Jul 2, 2026 at 2:52 PM. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey
Multiple Listing Service, Inc. All rights reserved.