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    Mixed-Use Corner Building with Parking Title is generated by Realmo AI

    137 Belvidere Ave, Washington, NJ 07882

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    For Sale
    $825,000

    Multi-Family, 2-Two Story - Washington Boro, NJ

    Property size:
    2,928 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $281/SF
    Added:
    Jan 28, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 137 Belvidere Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    OB
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
    Parking
    1
    Patio and Porch features
    Porch
    Interior features
    Fire Extinguisher, Vinyl-Linoleum Floors
    Exterior features
    Open Porch(es)
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Standard status
    Active
    Size
    2,928 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    13093

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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    JEFFERY FIEDLER

    Listing agent JEFFERY FIEDLER

    Listing office FIEDLER REAL ESTATE 227 MAIN STREET, Hackettstown, NJ

    Listing date Jan 28, 2026

    MLS# 4007122 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four‑unit mixed‑use investment property with three residential units and one commercial unit.
    • Commercial space recently updated and previously used as a dental office and medical clinic.
    • Zoned OB (Office/Business) offering flexible usage options.
    • Updated outbuilding/carriage house/garage provides additional storage or potential income.
    • Generous on‑site parking available.
    • Corner lot location.

    Overview

    This four-unit mixed-use corner property includes three occupied one-bedroom residential units and one commercial unit. The commercial space was previously used as a dental office and medical clinic and has been recently updated. The building also benefits from a renovated outbuilding/carriage house/garage that provides additional storage, with potential for supplemental income subject to approvals.

    The property is zoned OB (Office/Business), supporting a mix of commercial and residential use. It sits on a 0.35-acre lot and offers a generous amount of on-site parking for tenants and visitors.

    For buyers seeking a small, income-oriented mixed-use setup, the existing residential occupancy and updated commercial space can support an owner-operator or investor strategy. The OB zoning and available parking are practical features for medical or office-focused tenants, while the additional outbuilding offers room to store equipment or material, with further opportunities depending on approvals.

    Local Financial Insights For Healthcare Medical

    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 $96.6k $33.00
    − Vacancy −$12.1k −$4.13
    EGI $84.5k $28.88
    − OpEx −$33.8k −$11.55
    NOI $50.7k $17.33
    2,928 SF · lease $33.00/SF/yr · vacancy 12.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $724.7K
    $634.1K – $845.5K (±1% cap)
    NOI $50,728 @ 7.0% cap · market cap 6.15%
    Second Best
    Office B
    $658.4K
    $576.1K – $768.2K (±1% cap)
    NOI $46,090 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Warehouse
    $1.10M
    $966.6K – $1.29M (±1% cap)
    NOI $77,326 @ 7.0% cap · market cap 9.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Women's Options Medical Clinic Birkins Richard G ... Dental Office Sofia Joseph P ... Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Warren
    State
    New Jersey
    Longitude
    -74.98133
    Latitude
    40.76077

    FAQs

    What type of property is this?
    Mixed-use property - Corner mixed-use property with updated medical/commercial space, three occupied residences, and generous on-site parking.
    Where is this mixed-use property located?
    The property is located at 137 Belvidere Ave Washington, NJ.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Four‑unit mixed‑use investment property with three residential units and one commercial unit.; Commercial space recently updated and previously used as a dental office and medical clinic.; Zoned OB (Office/Business) offering flexible usage options.
    More about this property
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