Belford Mixed-Use Investment
Belford, NJ 07718 Belford, NJ 07718
Belford, NJ, 07718
$675,000
For Sale
$675,000
COMMERCIAL - Belford, NJ
Property Size2,838 SF
Price / SF$237.84
Days on Market93
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,838 SF
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
Listing Agency
C21 Thomson & Co.
(732) 945-7035
254 Highway 35, Red Bank, NJ
Listed by
Donald P Glenn · License #2326222
(732) 945-7035
Added: Apr 17 Checked: Jul 18 at 5:06 am
MLS# 22610760
Copyright © 2026 More 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.
This three-unit mixed-use property in Belford, NJ, presents a commercial real estate investment opportunity. The property features a ground-floor commercial space with high visibility, suitable for various business uses. Above the commercial space are two residential apartments that are well-maintained. The property is currently generating income and offers additional upside potential. The property contains 2,838 square feet of space.
Key Highlights
- High‑visibility ground‑floor commercial space suitable for various businesses.
- Established income from three units (commercial space and two residential apartments).
- Mixed‑use property in a high‑demand location.
Local Financial Insights For Retail
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 | $61.3k | $21.60 |
| − Vacancy | −$3.4k | −$1.21 |
| EGI | $57.9k | $20.39 |
| − OpEx | −$17.4k | −$6.12 |
| NOI | $40.5k | $14.27 |
2,838 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$578.7K
$506.4K – $675.1K
NOI $40,508 @ 7.0% cap · market cap 6.00%
Second Best
Mixed Use
$547.3K
$478.9K – $638.6K
NOI $38,313 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$741.1K
$648.4K – $864.6K
NOI $51,874 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-unit property with commercial space and residential apartments in Belford.
Where is this mixed-use property located?
The property is located at Belford, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: High‑visibility ground‑floor commercial space suitable for various businesses.; Established income from three units (commercial space and two residential apartments).; Mixed‑use property in a high‑demand location.
