391 Belmont Avenue, Haledon, NJ 07508 - Photo 1

1/1

$600,000

Sold
Closed
Multi-Family
6 Total Beds

1/1

Property Description

Investors check out this mixed use property with cap rate close to 8% in the desirable part of Haledon (0.5 miles from North Haledon border)! First floor is a successful retail store. 2nd and 3rd floor are each newly renovated offering 3 bedrooms and one bathroom in each unit. All separate utilities. Rent roll: 1st floor $1700, 2nd floor will be delivered vacant but the previous rent was $1875 and 3rd floor is occupied but the current rent is $1,700.

Full Property Details

Full Property Details for 391 Belmont Ave

General

Sold For: $600,000
Taxes: $18,852
Status: Closed
Type: Multi-Family
Source: NJMLS
MLS ID: 23005130
Added to Site: 1, 096 day(s) ago

Interior

Number of Rooms: 12

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: None

Location

Area: Haledon
County: PASSAIC

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $18,852

Listed by Howard Hanna Rand Realty (973) 694-6500, Eugene Lowe (973) 583-3720
Sold by Alexander Anderson Real Estate Group (201) 343-6640, Ahmed Soliman

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Listing agents

— 391 Belmont Ave —

Eugene Lowe

Howard Hanna Rand Realty

(973) 583-3720
Eugene Lowe

(973) 513-3393

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Schools

Schools serving 391 Belmont Ave

School Districts:Haledon Borough School District, Passaic County Manchester Regional School District

Name	Grades	Distance
Haledon Public School 91 Henry Street, Haledon, NJ 07508	PK-8	0.4 mi
Manchester Reg High School 70 Church Street, Haledon, NJ 07508	9-12	0.5 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 391 Belmont Ave

Date

Details

Price

Change

Source

5/26/2023

Sold

$600,000

9.09%

MLS

2/22/2023

Listed

$550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds

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Beds

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391 Belmont Avenue, Haledon, NJ 07508 (MLS# 23005130) is a Multi-Family property that was sold at $600,000 on May 26, 2023. Want to learn more about 391 Belmont Avenue? Do you have questions about finding other Multi-Family real estate for sale in Haledon? You can browse all Haledon real estate or contact a Coldwell Banker agent to request more information.

391 Belmont Ave Haledon, NJ 07508