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20-22 Washington ave - Commercial Land 0.2 Acres of Commercial Land Offered at $850,000 in Belleville, NJ 07109
Investment Highlights
- Washington Ave in Belleville NJ traffic ave hight avenue
- close to NYC
- Major highways
Executive Summary
?? Lot Breakdown (combined):
?? Lot #8502 — 105 x 50 SQF | Taxes: $4,676.63
?? Lot #2.01 — 99.94 x 34.9 SQF | Taxes: $1,941.21
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$6,617
|
$32,986.04
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,617
|
$32,986.04
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $6,617 |
| Annual Per AC | $32,986.04 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $6,617 |
| Annual Per AC | $32,986.04 |
Property Facts
| Price | $850,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Price | $850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.20 AC |
1 Lot Available
Lot 8502 & 2.0
| Price | $850,000 | Lot Size | 0.20 AC |
| Price Per AC | $4,237,351.51 |
| Price | $850,000 |
| Price Per AC | $4,237,351.51 |
| Lot Size | 0.20 AC |
Attention investors & developers —this oversized commercial lot (two parcels combined and sold as ONE) offers exceptional potential for a future multifamily or mixed-use development project.
Description
Attention investors & developers — this oversized commercial lot (two parcels combined and sold as ONE) offers exceptional potential for a future multifamily or mixed-use development project. While no formal approvals are currently in place, the lot size and layout may allow for a high-density multifamily concept (potentially up to approximately 16 units) — subject to buyer’s full due diligence, zoning review, and municipal approvals. ?? Lot Breakdown (combined): ?? Lot #8502 — 105 x 50 SQF | Taxes: $4,676.63 ?? Lot #2.01 — 99.94 x 34.9 SQF | Taxes: $1,941.21 ? Large footprint ideal for ground-up development ? Strong upside for experienced builders and investors ? Flexible layout for multifamily or commercial residential concepts ? Buyer to verify all zoning and development possibilities This is an excellent opportunity to secure land with scale and vision in a growing area. ?? For details or to schedule a site visit, contact me directly: Silvia Lituma REALTOR® | Keller Williams Village Square Realty ?? 862-600-9514
Property Taxes
| Parcel Number | 01-08502-0000-00002 | Total Assessment | $112,500 |
| Land Assessment | $112,500 | Annual Taxes | $6,617 |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Contact the Sale Advisor
20-22 Washington ave - Commercial Land