23 Belmont Avenue

Belleville, NJ 07109

$600,000
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location, Location, Location. Great investment property ( 2+1 Family ), very well-maintained home in the Silver Lake section of Belleville. The gas and electric utilities have all been upgraded and are separated for each of the 3 units. Both roofs were done in 2021, Electrical breaker panels in 2021, Heating boilers in 2021, and the rear house new furnace in 2023 hot water heater in 2017. Located just blocks away to the Silver Lake light rail station, supermarkets, bus stops, hospitals, and the famous...Location, Location, Location. Great investment property ( 2+1 Family ), very well-maintained home in the Silver Lake section of Belleville. The gas and electric utilities have all been upgraded and are separated for each of the 3 units. Both roofs were done in 2021, Electrical breaker panels in 2021, Heating boilers in 2021, and the rear house new furnace in 2023 hot water heater in 2017. Located just blocks away to the Silver Lake light rail station, supermarkets, bus stops, hospitals, and the famous Belmont Tavern! - Property includes one brick 2-family house ( Front house 2100 sqft ) and one vinyl-sided detached single-family house ( Rear house 500 sqft). LOW TAXES and All Rents Are Below Market Value. Long-term tenants for Front House and leases expiring end of September for Unit 2 & Unit 1 is in the process of relocating.. No state inspections are required!
  1. Listed by ROCCO LOBRACE • RE/MAX FIRST REALTY II

Property Details for 23 Belmont Avenue

Directions
Bloomfield Avenue to Belmont Ave
Days On Market
54
Section/Subdiv/Development
Silver Lake

Location

Add your commute
LISTING UPDATED: 10/14/2023 10:37 AM

Property Details for 23 Belmont Avenue

StatusSold
MLS #3845528
Days on Market54
Taxes$9,858 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1912
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Add your commute

Building Information for 23 Belmont Avenue

Stories-Residences3Year Built1912Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$822

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23 Belmont Avenue

Summary
Location and General Information
  • Zoning: Residential
  • Middle/Jr High School: BELLEVILLE
  • Grade School: NUMBER 4
  • High School: BELLEVILLE
  • Active Days on Market: 55
  • County #: Essex
  • Town Name: Belleville Twp.
  • Block Identifier: 101
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Cream
  • Town #: 1601.0
  • Street # Display: 23.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Belmont Avenue
  • Zip Code: 07109-4033
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,858
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 256000.0
  • Tax ID For Property: 1601-00101-0000-00024-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: See Remarks
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 24
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1912
Property and Assessments
  • Assessment Bldg: 203700.0
  • Assessment Land: 52300.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater, Forced Hot Air, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
  • Exterior Features: Curbs, Outbuilding(s), Patio, SeeRem, Sidewalk, Storage Shed, Thermal Windows/Doors, Vinyl Fence, Wood Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 09-01-2023
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1389.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1000.0
  • Unit 1 Sq Ft: 1050.0
Unit 2 Information
  • Unit 2 Appl/Equip: CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 11-02-2023
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1476.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 1000.0
  • Unit 2 Sq Ft: 1050.0
Unit 3 Information
  • Unit 3 Appl/Equip: CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Living/Dining Room, See Remarks
  • Unit 3 Rooms: 2.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 500.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $12,348.00
  • Expenses Include: Cold Water, Insurance, Taxes
  • Net Operating Income: $40,032.00
  • Gross Operating Income: $52,380.00
Rental
Rental Information
  • Home Warranty: false

Property History for 23 Belmont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Belmont Avenue

Taxable ValueLand$52,300Additions$203,700Total$256,000
Tax Record2021$9,715 ($810 / month)
Home Facts
Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtStories1Lot Size2,500 SqFtStyleDuplexYear Built1912CountyESSEXAPN01 00101-0000-00024

Schools near 23 Belmont Avenue

This home is within Belleville Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Belleville PS4
PublicPK to 6

Belleville Middle School
Public7 to 8

Belleville Sr High School
Public9 to 12

Belleville PS10
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX FIRST REALTY II, ROCCO LOBRACE

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/19/2024 12:33 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.