Two-Level Office
101 BELVIDERE AVE Unit 9999 Washington, NJ 07882
101 BELVIDERE AVE Unit 9999, Washington, NJ, 07882
$395,000
For Sale
$395,000
Two-level office building with multiple suites, conference rooms, dedicated server room, and full basement with off-street parking.
Property Size2,307 SF
Price / SF$171.22
Days on Market142
Property Features for 101 BELVIDERE AVE Unit 9999
General Information
- Standard status
- Active
- Size
- 2,307 SF
- Property subtype
- Office
Building Details
- Year Built
- 1890
Listing agency
KELLER WILLIAMS REAL ESTATE
(908) 751-7750
Listed by
MICHAEL DELL ELBA
Source
Xome
Added: Mar 2 Updated: Jul 22 at 1:16PM Checked: Jul 22 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REAL ESTATE
Investment Insights
Based on property information with market context.
This two-level office building offers a practical mix of closed-door offices and larger meeting and conference rooms, supported by a dedicated server room. The main floor features two separate entrances, including a side entrance serving the first-floor office, plus an open reception/office area, a half bath, and a conference room with built-in counterspace and cabinets. Access to both levels is available via an airy lobby from the front porch.
Upstairs includes three closed-door office spaces, a half bath, and a conference room/office. A full basement with a concrete floor provides additional storage.
The property includes a paved off-street parking lot and is equipped with fire and alarm systems for both floors. Additional building systems include a whole-house generator, security cameras, and an irrigation system for landscape maintenance.
Upstairs includes three closed-door office spaces, a half bath, and a conference room/office. A full basement with a concrete floor provides additional storage.
The property includes a paved off-street parking lot and is equipped with fire and alarm systems for both floors. Additional building systems include a whole-house generator, security cameras, and an irrigation system for landscape maintenance.
Key Highlights
- Two‑level office building with multiple office spaces and large meeting/conference rooms
- Dedicated server room, plus central air and flooring includes carpet and wood
- Two separate entrances, including side entrance for first‑floor office and access to both levels via lobby
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 |
2,307 SF · lease $26.40/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$518.8K
$453.9K – $605.2K
NOI $36,314 @ 7.0% cap · market cap 9.19%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$870.4K
$761.6K – $1.02M
NOI $60,926 @ 7.0% cap · market cap 15.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alexander Arthur L
Law Firm
Michael Yates & Co
Business Management Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-level office building with multiple suites, conference rooms, dedicated server room, and full basement with off-street parking.
Where is this office building located?
The property is located at 101 BELVIDERE AVE Unit 9999 Washington, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑level office building with multiple office spaces and large meeting/conference rooms; Dedicated server room, plus central air and flooring includes carpet and wood; Two separate entrances, including side entrance for first‑floor office and access to both levels via lobby
