119 William St Belleville, NJ 07109-2924
This exceptional Belleville property, a former firehouse, presents a unique investment opportunity. Boasting 3,283 square feet of space on a generous 0.11-acre lot (50' x 100'), this building offers significant versatility. Currently zoned R-C, it allows for a wide range of uses beyond its current configuration as an indoor car dealership (first floor) and storage (second floor). The first floor features two 10-foot-wide garage doors, impressive 11-foot-high tin ceilings, an office, a bathroom, and ample parking. The second floor comprises several large rooms, a bathroom, and convenient access via both interior and exterior entrances. A 20-foot-wide driveway leads to a sizable rear yard, adding to the property's functionality. The building's rich history, initially serving as a firehouse and later as a township repair facility, adds character and potential. The expansive space and flexible zoning make this property ideal for a variety of commercial or residential ventures. Prospective buyers are advised to independently verify permitted uses with the Belleville Township. This is a rare chance to acquire a substantial property with significant redevelopment potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.