101 Belvidere Avenue Washington, NJ 07882
COMMERCIAL - Washington Bor, NJ
Property Features for 101 Belvidere Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OB
- Parking
- 5
- Parking features
- Garage
- Standard status
- Active
- APN
- 21000220400006
- Size
- 2,307 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11287
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Flooring type
- Wood, Carpet
- Building materials
- Wood Siding
- Roof type
- Asphalt
Listing agent Lance Dunn (908) 751-7750
Listing office KELLER WILLIAMS REAL ESTATE 120 W MAIN STREET, Clinton, NJ (908) 751-7750
Listing date Mar 25, 2026
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Access is served by a side entrance currently used as the first-floor main entry, along with an entrance at the front porch that provides access to both levels through an airy lobby. The property also features a paved off-street parking lot described as unique to downtown Washington. The building is equipped with fire and alarm systems for both floors, security cameras, an irrigation system, and a whole-house generator.
With its combination of private offices and conference space, this property can fit a range of tenant and owner-occupant office needs such as professional services and teams that require regular meeting space and IT support. The maintained, move-in condition and on-site facilities including the server room and additional basement storage are practical considerations for day-to-day operations.
Key Highlights
- Historic office building built in 1890 with wood siding, asphalt roof, and a whole‑house generator
- Two levels with multiple office spaces plus large meeting/conference rooms, including a dedicated server room
- Main floor layout includes two separate entrances, an open office/reception area, a half bath, and a conference room with counter/cabinet space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $26.40 |
| − Vacancy | −$12.5k | −$5.41 |
| EGI | $48.4k | $20.99 |
| − OpEx | −$12.1k | −$5.25 |
| NOI | $36.3k | $15.74 |
