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81 Stephens St - 81 Stephens St 0.38 Acres of Commercial Land Offered at $2,100,000 in Belleville, NJ 07109
Investment Highlights
- Approved Plan
- Convenient Location
- 52 Parking Spaces
- Frontage on Three Streets
Executive Summary
KW Commercial is pleased to present this 40-unit approved multifamily development site at 81 Stephens Street in Belleville, NJ. This approved project consists of a five-story multifamily residential building featuring 32 one-bedroom and 8 two-bedroom apartments, with units ranging from 660 SF to 1,207 SF. This project includes 52 parking spaces + 2 tandem spaces along with a gym, residents lounge and rooftop terrace.
The site is located conveniently next to QuickChek Convenience Store and 2 short blocks from Washington Avenue’s shopping corridor. We are also within close proximity to Route 21, Route 3, NJ Turnpike & the Garden State Parkway.
The site is located conveniently next to QuickChek Convenience Store and 2 short blocks from Washington Avenue’s shopping corridor. We are also within close proximity to Route 21, Route 3, NJ Turnpike & the Garden State Parkway.
Property Facts
| Price | $2,100,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Zoning | R-B - Two-Family Residential | ||
| Price | $2,100,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.38 AC |
| Zoning | R-B - Two-Family Residential |
1 Lot Available
Lot 1.02
| Price | $2,100,000 | Lot Size | 0.38 AC |
| Price Per AC | $5,550,049.55 |
| Price | $2,100,000 |
| Price Per AC | $5,550,049.55 |
| Lot Size | 0.38 AC |
0.38 AC Lot with approved plan to develop 40-unit multi-family property.
Description
This site is located conveniently next to QuickChek Convenience Store and 2 short blocks from Washington Avenue's shopping corridor. The lot is also within close proximity to Route 21, Route 3, NJ Turnpike & the Garden State Parkway.
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
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81 Stephens St - 81 Stephens St