Sold

191 Bellevue Avenue

Montclair NJ, 07043

$4,850,000


$305.96 per sqft

Sold

15,852 sqft

Multi-family

RARE opportunity to own a 21 unit apartment building in Upper Montclair. Located steps from Upper Montclair's shopping, restaurants and Midtown Direct train and bus service, this building features sun filled apartments with high ceilings, parquet floors, some stained glass windows, six 5 room apartments, six 4 room apartments and 9 3 room apartments, including 3 garden units. Brick and stucco building. Coin operated washers and dryers in the basement as well as bicycle racks. Parking for 19 cars in the rear. Fully rented building with all apartments having 1 year leases. Recent roof work completed and new boiler installed recently. Some newer windows. Income and expense figures available. Huge upside rent potential. Landlord pays gas, all apartments have separate electric, super onsite.

22040458

MLS ID

December 1, 2023

Listed

February 15, 2024

Updated

Map

191 Bellevue Avenue
Montclair NJ, 07043

Interior Features

Total Stories

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

5+Family

Other Property Details

Taxes

$79,531


Tax Frequency

Annually


Garage

No


View

No


County

ESSEX


Water Source

Public


Pool

No


Buyer Agency Compensation

2%-125

Listing History

Date

Event

Price

12/4/2023

Price Change

$4,850,000

-3%

12/4/2023

Sold

Courtesy of Compass New Jersey, LLC-Montclair with Christine Lane,
Listing Contact: 9737386989 

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Data last updated on 2/15/2024 at 11:06 PM UTC

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