Property profile

119 William St Belleville, NJ 07109

OFF-MARKET
Office buildings
Property ID
US59-0424266
3,283 SF 0.11 ac lot Built 1926
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 3,283-square-foot former firehouse building situated on a 50' x 100' lot (approximately 0.11 acres) in Belleville, Essex County, New Jersey. The building contains space configured for two levels: the first floor is zoned for an indoor antique car dealership with storage on the second floor, and it includes two 10-foot-wide garage doors, 11-foot-high tin ceilings, an office, a bathroom, and parking for multiple vehicles. The second floor features multiple large rooms, a bathroom, and provides both an interior and a separate exterior entrance. Historically, the structure was used as a firehouse and later as a township repair building. The site includes a 20-foot-wide driveway on one side providing access to the rear yard. The property is located within an R-C zoning area, with the listing indicating zoning allowances that include residential use such as single-family or two-family dwellings, and zoning classifications identified as Multi-Family, Single Family, Residential, Multi-Use, and Commercial.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1926
Construction BRICK
Total area 3,283 SF
Lot 0.11 ac (5,001 SF)
APN 01 07505-0000-00005
UPID US59-0424266

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 William St Belleville, NJ 07109-2924
Belleville metro Census 14500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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