13 Carpenter Terrace N - Apartments FOR SALE


Belleville, NJ 07109
$975,000 USD
201-215-1811
13 Carpenter Terrace N, Belleville, NJ for Sale
$975,000 USD
Apartments - FOR SALE
1/6
null | 5.34% Cap Rate

13 Carpenter Terrace N
Belleville, NJ 07109


HIGHLIGHTS

  • Convenient Location
  • Transit Oriented Location
  • Upside Potential
  • Desirable Residential Units
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 13 N Carpenter Terrace in Belleville, New Jersey (“the Property”). The Property consists of a two-story brick building containing four (4), 2-Bedroom/1-Bathroom residential units in 2,560 square feet, on a 0.09- acre corner parcel. The Property also includes on-site parking for residents. The Property is located along N Carpenter Terrace, a quiet tree lined street positioned 0.2-miles from the intersection with Belleville Avenue (NJ Route 506) in a densely populated residential neighborhood. The Property enjoys close proximity to Washington Avenue and Franklin Avenue, two of the area’s primary commercial corridors. 13 N Carpenter Terrace is 1.4-miles from the Branch Brook Park Newark Light Rail Station and 2-miles from the Bloomfield Train Station with direct service to Manhattan’s Penn Station. The Property also offers convenient access to the Garden State Parkway, NJ Route 21, and Interstate 280 as well as area schools, national retailers, and the Clara Maass Medical Center. Belleville is a residential suburb of New York City, located in Essex County. The community is 16-miles west of New York City.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

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Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.