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    11 Franklin Ave Belleville, NJ 07109

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    For Lease
    Contact for pricing

    Retail pads available in master-planned development near medical center.

    Lot size:
    1.13 Acres

    Property Features for 11 Franklin Ave

    General Information

    Lot size
    1.13 Acres

    Source: Katz & Associates - Corporate Agent Jonathan Greenberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Pads For Lease

    These retail pads are part of a master-planned development located on the former 20-acre Roche Diagnostics site. The development includes 175 market-rate residential units situated above 50,000 square feet of retail space. Two retail pads are available, adjacent to Starbucks and Wawa, totaling close to 3 acres. The property is located steps from Clara Maass Medical Center. It offers accessibility to the Garden State Parkway and Routes 21, 3, 17, and I-95. The development also features a community green space with an open-air amphitheater.
    Location Intelligence

    Current Use by Public Records

    Starbucks Internet Cafe Wawa Fast Food Restaurant Shopping District Shopping Mall PNC ATM Atm Extra Space Storage Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1737251
    Latitude
    40.7881502

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    FAQs

    What type of property is this?
    Commercial land - Retail pads available in master-planned development near medical center.
    Where is this commercial land located?
    The property is located at 11 Franklin Ave Belleville, NJ.
    What are key features of this property?
    This property features: - Steps from Clara Maass Medical Center; - Easily accessible to major highways: Garden State Parkway, Routes 21, 3, 17 & I-95; - Part of a master-planned development on a former 20-acre site
    (201) 731-8511
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    11 Franklin Ave Belleville, NJ 07109
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    Belleville, NJ 07109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Franklin Ave Belleville, NJ 07109
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