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$2,000,000 -$100,000 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Apartment
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This newly commercial building presents a rare investment opportunity in the Belleville's sought-after market. With its combination of modern finishes, strong occupancy, thoughtful amenities, and a prime location, it is ideally suited for investors seeking a hassle-free, income-producing asset with significant long-term potential. Built in 2020, this impressive property features 6 rental units, three 2-bedrooms/2-bath apartments and three 1-bedroom/1-bath apartments. Each unit has been thoughtfully designed with high-quality stainless-steel appliances, modern cabinetry, and beautiful hardwood flooring throughout, creating a stylish and inviting living space that tenants appreciate. Including 14 parking spaces, assigned storage units, lawn sprinkler system, and security system. With in-unit laundry facilities and an easy access move-in ramp. Outdoor living is a highlight with a shared patio area featuring a cozy fire pit. It is just a short walk to shopping center, retails, dining, and the Grove Street Train Station, providing easy public transit access for commuters. Additionally, a nearby park adds recreational value, enhancing the overall lifestyle appeal for tenants. Don't miss the chance to add this exceptional property to your portfolio.

Full Property Details for 55 Watchung Ave

General

  • Price: $2,000,000
  • Taxes: $48,396 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 3970110
  • Updated: 2/16/2026
  • Added to Site: 243 day(s) ago

Business

  • Includes: Building & Land

Rental Information

  • Lease Terms: Month-To-Month

Rooms

Bathrooms

  • Total Bathrooms: 6

Additional Information

  • Equipment: Appliances, Fire Alarm, Handicapped Access, Security System, Smoke Detector, Sprinkler System, Storage Area(s)

Exterior

  • Color: Beige

Parking

  • Parking: Assigned, Blacktop, Off-Street Parking

Location

  • County: Essex
  • Driving Directions: Belmont Ave to Cross St to Watchung Ave
  • Location Details: Residential Area, Shopping Mall

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Hot Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Construction: See Remarks
  • Exterior Const.: Aluminum Siding
  • Roof: See Remarks
  • Stories in Building: 2
  • Square Feet: 2,700
  • Aprox. Leasable: 2,700 Sq. Ft.
  • Year Built: 2020

Unit Information

  • 1 Bedroom Units: 3
  • 2 Bedroom Units: 3
  • Units w/Full Bath: 6

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size: 100.03 X 104
  • Zoning: Residential

Financial Considerations

  • Operating Expenses: $58,663
  • Assessment Amount: $1,200,000
  • Land Assmt: $160,000
  • Tax Amount: $48,396
  • Tax Year: 2024
  • Owner Pays: Maintenance-Common Area, Maintenance-Lawn, Repairs, Sewer, Snow Removal, Trash Removal, Water
  • Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Survey Available
  • APN: 1601-02101-0000-00019-0001-
  • Block: 2101
  • Lot Number: 19.01

Listed by United Real Estate

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Listing agent

— 55 Watchung Ave —

  • United Real Estate

888-501-6953

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 55 Watchung Ave

School District:Belleville Town School District
NameGradesDistance
Belleville Sr High School
100 Passaic Avenue, Belleville, NJ 07109
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 55 Watchung Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$2,000,000
-4.76%
MLS
10/01/2025
Price Reduced
$2,100,000
-8.7%
MLS
6/21/2025
Listed
$2,300,000
5650%
MLS
9/09/2019
Sold
$40,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 55 Watchung Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$48,396
5%
$1,200,000
—
2022
$46,212
238%
$1,200,000
—
2021
$13,662
—
$1,200,000
233%
2021
$13,662
—
$360,000
125%
2021
$13,662
865%
$160,000
300%
2019
$1,416
-12%
$40,000
—
2018
$1,604
3%
$40,000
—
2017
$1,551
1%
$40,000
—
2016
$1,534
4%
$40,000
—
2015
$1,482
3%
$40,000
—
2014
$1,442
—
$40,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by United Real Estate

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55 Watchung Ave, Belleville, NJ 07109 (MLS# 3970110) is a Apartment property. 55 Watchung Ave is currently listed for $2,000,000 and was received on June 18, 2025. Want to learn more about 55 Watchung Ave? Do you have questions about finding other Apartment real estate for sale in Belleville? You can browse all Belleville real estate or contact a Coldwell Banker agent to request more information.

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