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    Mixed-Use Corner Building Title is generated by Realmo AI

    137 Belvidere Ave, Washington, NJ 07882

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    Claim this Listing
    For Sale
    $825,000

    MULTI_FAMILY - Washington Boro, NJ

    Property size:
    2,928 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $281/SF
    Added:
    Jan 28, 2026
    Days on Market:
    160
    Last Refresh:
    Jul 7 at 9:06 am

    Property Features for 137 Belvidere Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    OB
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 2
    Parking
    1
    Patio and Porch features
    Porch
    Interior features
    Fire Extinguisher, Vinyl-Linoleum Floors
    Exterior features
    Open Porch(es)
    Standard status
    Active
    Size
    2,928 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    13093

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Roof type
    Shingle
    Architectural style
    Other

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    Contact an agent
    JEFFERY FIEDLER

    Listing agent JEFFERY FIEDLER License #267360

    Listing office FIEDLER REAL ESTATE 227 MAIN STREET, Hackettstown, NJ

    Listing date Jan 28, 2026

    MLS# 4007122 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four‑unit mixed‑use property with 3 one‑bedroom residential units plus 1 commercial unit
    • Commercial unit previously used as a dental office and medical clinic; recently updated
    • Property zoned OB (Office/Business)
    • Updated outbuilding/carriage house/garage provides additional storage and potential supplemental income (subject to approvals)
    • Basement included and features vinyl‑linoleum floors
    • Cooling: none; heating includes baseboard and hot water (heating); asphalt shingle roof

    Overview

    This four-unit mixed-use corner building includes three one-bedroom residential units and one commercial unit. The commercial space was previously used as a dental office and medical clinic and has been recently updated. An additional outbuilding/carriage house/garage has also been updated, providing extra storage and potential supplemental income subject to required approvals.

    The property sits on a 0.35-acre lot with an outbuilding and a generous amount of on-site parking available for tenants and visitors. It is zoned OB (Office/Business), supporting a combined residential and office/business use configuration.

    For buyers seeking a multi-tenant setup, the layout offers in-house residential income alongside a medical-office-ready commercial space. The presence of updated storage in the outbuilding can help support day-to-day operations for the building’s tenants. The OB zoning and corner-lot configuration may also provide flexibility for an office/business operator depending on specific use approvals.

    Local Financial Insights For Healthcare Medical

    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 $96.6k $33.00
    − Vacancy −$12.1k −$4.13
    EGI $84.5k $28.88
    − OpEx −$33.8k −$11.55
    NOI $50.7k $17.33
    2,928 SF · lease $33.00/SF/yr · vacancy 12.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $724.7K
    $634.1K – $845.5K (±1% cap)
    NOI $50,728 @ 7.0% cap · market cap 6.15%
    Second Best
    Office B
    $658.4K
    $576.1K – $768.2K (±1% cap)
    NOI $46,090 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Warehouse
    $1.10M
    $966.6K – $1.29M (±1% cap)
    NOI $77,326 @ 7.0% cap · market cap 9.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Women's Options Medical Clinic Birkins Richard G ... Dental Office Sofia Joseph P ... Dental Office

    Suggested Use

    Real Estate Agency Spa & Massage Center Skin Care Clinic Department Store Nursing Home Acupuncture Travel Agency Clothing & Fashion Store Bar & Pub Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Warren
    State
    New Jersey
    Longitude
    -74.98133
    Latitude
    40.76077

    FAQs

    What type of property is this?
    Mixed-use property - Four-unit corner property with updated commercial medical space and three one-bedroom residential units.
    Where is this mixed-use property located?
    The property is located at 137 Belvidere Ave Washington, NJ.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Four‑unit mixed‑use property with 3 one‑bedroom residential units plus 1 commercial unit; Commercial unit previously used as a dental office and medical clinic; recently updated; Property zoned OB (Office/Business)
    More about this property
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