236 Belleville Ave | Belleville, NJ 07109
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- LoopNet Team
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 | 01-05903-0000-00044 | Improvements Assessment | $327,100 |
| Land Assessment | $142,800 | Total Assessment | $469,900 |
PROPERTY TAXES
Parcel Number
01-05903-0000-00044
Land Assessment
$142,800
Improvements Assessment
$327,100
Total Assessment
$469,900
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