55 North Watchung Avenue, Belleville, NJ 07109
Listing Courtesy of UNITED R.E. OF NORTH JERSEY
$2,100,000
Potential Rebate: $31,500
Overview
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 six fully leased 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. Close 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.
Home Features
- •Central Air
- •Ceiling Fan(s)
- •Electric
- •Parking Lot
- •Assigned
- •Paved
- •Residential Area
- •Level
Estimated Monthly Payment
$14,410 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$31,500
Monthly savings impact
$88/mo
Effective Purchase Price
$2,068,500
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of UNITED R.E. OF NORTH JERSEY
Data Source: AJMLS #2515649R
Why Buy With Us
Rebates Up To
2.5%
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Experience
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Listings
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of UNITED R.E. OF NORTH JERSEY
Data Source: AJMLS #2515649R
Price Analysis
Compare average listing prices and value metrics for 55 North Watchung Avenue, Belleville, NJ 07109 against the surrounding Belleville Township market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
171.18% Higher
than the Belleville Township price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Belleville Township.
