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236 Belleville Ave
Belleville, NJ 07109
Retail Property For Sale
Investment Highlights
- Great income upside. Current NOI is 74k with 112 NOI available.
- Belleville is in the process of a substantive gentrification/nicely appreciating assets
- Seller will consider a note hold for the right buyer
- Site has ground up development capability with 14 Res units and 1,000 SF (+,-) retail/service use at ground level
- Once acquired each of three assets could be sold separately.
Property Facts
Property Type
Retail
Building Size
8,000 SF
Building Class
C
Year Built
1950
Building Height
2 Stories
Building FAR
2.56
Lot Size
0.07 AC
Zoning
BA Zone - Ground up Development possible. Would be in the 14 - 16 Apartments and about 1,000 SF of ground level retail range..
Parking
16 Spaces
Property Taxes
| Parcel Number | 01-05903-0000-00045 | Improvements Assessment | $210,800 |
| Land Assessment | $90,000 | Total Assessment | $300,800 |
Property Taxes
Parcel Number
01-05903-0000-00045
Land Assessment
$90,000
Improvements Assessment
$210,800
Total Assessment
$300,800
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