Log In/Sign Up
Your email has been sent.
312-314 Front St 6,000 SF 100% Leased Office Building Belvidere, NJ 07823 $679,000 ($113.17/SF) 8% Cap Rate
Investment Highlights
- Just renewed a 5 year lease with the State of New Jersey.
- Elevator.
- Near to the Court House.
- Off street parking.
Executive Summary
This well-maintained, two-story office building, equipped with an elevator, is home to Warren County offices. The property offers ample off-street parking located behind the building, ensuring convenience for both staff and visitors.
Situated in the center of town, just one block from the Warren County Courthouse, this property boasts a highly desirable location. With its excellent condition and prime positioning, it provides an ideal setting for professional offices looking to establish a presence in the core of the community.
Situated in the center of town, just one block from the Warren County Courthouse, this property boasts a highly desirable location. With its excellent condition and prime positioning, it provides an ideal setting for professional offices looking to establish a presence in the core of the community.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,835
|
$12.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,835
|
$12.14
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,988
|
$3.00
|
| Net Operating Income |
$54,847
|
$9.14
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $72,835 |
| Annual Per SF | $12.14 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,835 |
| Annual Per SF | $12.14 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $17,988 |
| Annual Per SF | $3.00 |
| Net Operating Income | |
|---|---|
| Annual | $54,847 |
| Annual Per SF | $9.14 |
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Building Size
6,000 SF
Building Class
C
Year Built
2021
Price
$679,000
Price Per SF
$113.17
Cap Rate
8%
NOI
$54,320
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.75
Lot Size
0.18 AC
Zoning
B - Business
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- State of New Jersey
- -
- 5,500 SF
- -
- Jan 2021
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| State of New Jersey | - | 5,500 SF | - | Jan 2021 |
1 1
Property Taxes
| Parcel Number | 03-00016-0000-00007 | Improvements Assessment | $224,000 (2025) |
| Land Assessment | $100,000 (2025) | Total Assessment | $324,000 (2025) |
Property Taxes
Parcel Number
03-00016-0000-00007
Land Assessment
$100,000 (2025)
Improvements Assessment
$224,000 (2025)
Total Assessment
$324,000 (2025)
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
312-314 Front St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.