12 Frederick St, Belleville, NJ, 07109
About This Home
Excellent opportunity to own a cash-flowing 4-family rental property with strong upside potential to convert to a 6-family (buyer to verify zoning and approvals). Ideally located near shopping, dining, and public transportation, this property checks all the boxes for investors seeking stable income today and growth tomorrow.Each unit offers functional layouts with separate living spaces, making it attractive to long-term tenants. The building is well-suited for continued rental operation while exploring value-add opportunities through unit upgrades, rent optimization, or potential expansion.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Notable Dates
- Major remodel year: 1990
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Crawl Space,Partially Finished,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
Features
- Bedrooms,Dining Room,Family Room,Kitchen,Pantry,Storage
Heating & Cooling
- Heating features: 4+ Units,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1601014020000000030000
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 50 x 124.4
Parking
- Total spaces: 1
- Parking features: On Street,See Remarks,Detached Garage
- Has garage: Yes
- Uncovered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Heat Wave
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,787 | $45,444 |
| Home Insurance * | $224 | $2,688 |
| Property Taxes | $1,310 | $15,720 |
| Electricity | $193 | $2,318 |
| Total | $5,514 | $66,168 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $749,000 |
| 2026-07-23 | Price change | $759,000 |
| 2026-06-04 | Price change | $779,000 |
| 2026-06-03 | Listed for sale | $799,000 |
| 2026-05-05 | Pending sale | $799,000 |
| 2026-04-20 | Listed for sale | $799,000 |
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