For Multi Family

173 Hornblower Ave,Belleville Twp., NJ 07109-2607

October 28, 2025

Great investment opportunity! Spacious 5-bed, 2-bath multifamily with potential for 2 more bathrooms and extra rooms in the finished basement. Perfect for investors . Located near Rt 280, 21st Ave, Turnpike, and Parkway with easy tri-state access. Just 10 minutes from Newark Penn Station and part of one of the best school systems in Essex County!

Property ID:PT-7184351-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 850,000 $

Bedrooms:5

Year Built:1923

Listing Details

Status: Active

Location

County: Essex

Lotsize: 40.04X183.3

Lot Identifier: 26

Home Details

Open Parking: 6

Basement: Yes

Renovated: 2024

Basmnt/Desc: Yes - Finished, Full

Acreage: 0.17

Total Baths: 4.00

Unit Style: Triplex

Number of Units: 2

Rooms: 20

Easement/Desc: No

Exterior Description: Wood, Wood Shingle

Roof Description: Asphalt Shingle

Possesion: na

Unit 1 Appliances/Equipment: CarbMDet,CookGas,FireAlrm,RgOvGas,SeeRem

Unit 1 Levels: 1

Unit 1 Rooms: 7

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 1 Handicap: No

Unit 1 Lease Expire: 2025-10-27

Unit 1 SqFt: 1000

Unit 1 Rent: 2500

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Pantry

Unit 1 Security Deposit: 5000

Unit 2 Appliances/Equipment: CarbMDet,CookGas,FireAlrm,RgOvElec,SeeRem

Unit 2 Levels: 1

Unit 2 Rooms: 7

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 2 Handicap: No

Unit 2 Lease Expire: 2025-10-27

Unit 2 SqFt: 1000

Unit 2 Rent: 2500

Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Pantry

Unit 2 Security Deposit: 5000

Color of Building: blue

Garage Description: Additional 1/2 Car Garage, Attached Garage, Garage Door Opener, Garage Parking, Loft Storage

Block Identifier: 6904

County Number: 16

Town Number: 1601

YB/Desc: 1923 - Approximate, Renovated

Color of Building: blue

Easement: No

Parking/Driveway Description: 2 Car Width, Concrete

Block Identifier: 6904

County Number: 16

Town Number: 1601

Possession: na

Taxes, Fees & Assessments

Gross Operating Income: 6800

Net Operating Income: 6800

Tax ID For Property: 1601-06904-0000-00026-0000-

Tax Amount: $15,414.00

Tax Year: 2024

Tax Rate: 4.033%

Tax Rate Year: 2025

Land Assessment: $136,500.00

Building Assessment: $245,700.00

Total Assessment: $382,200.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 3 Units, Multi-Zone, Radiant - Hot Water, Radiators - Steam

Cool System: 3 Units

Water: Public Water

Sewer: Public Available

Utilities: Gas-Natural

Schools

Grade School: BELLEVILLE

Middle School: NUMBER 10

High School: NUMBER 3

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Listing Details

173 Hornblower Ave,Belleville Twp., NJ 07109-2607

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