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Mix-use building 2 apartments/2stores 196 Washington 3,600 SF 100% Leased Retail Building Belleville, NJ 07109 $103,750 ($28.82/SF) 8% Cap Rate
Executive Summary
Well maintained 4 units, 2 apartments, 2 commercial spaces.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1897/1975
Price
$103,750
Price Per SF
$28.82
Cap Rate
8%
NOI
$8,300
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.18
Lot Size
0.07 AC
Zoning
mixed use - Retail and residential
Frontage
29’ on Washington Ave
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $184,100 (2026) | |
| Land Assessment | $108,800 (2026) | Total Assessment | $292,900 (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$108,800 (2026)
Improvements Assessment
$184,100 (2026)
Total Assessment
$292,900 (2026)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Mix-use building 2 apartments/2stores | 196 Washington