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Three-Level Mixed-Use Building
For Sale
$399,000

253 Water St, Belvidere, NJ 07823

A leased ground-floor commercial space sits below two upper floors that have been unused for decades.

Property Size4,794 SF
Price / SF$83.23
Days on Market326

Property Features for 253 Water St

General Information

Standard status Active
Size 4,794 SF
Property subtype Commercial
Zoning B

Site & Location

Corner Location Yes
Highway Access Yes

Building Details

Building Size 4,794 SF
Buildings 1
Stories 3
Units 2
Listing Agency: Freeby Lai Real Estate
Listed By: Jason Freeby
Source: Cammarotarealestate
Added: Dec 1, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:13PM

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 Freeby Lai Real Estate

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Investment Insights

Based on property information with market context.

This three-level mixed-use building has a leased commercial space on the first floor and two upper floors that have been unused for decades. Zoning is designated B. Any renovation or change of use on the upper floors is subject to zoning department approval; residential units, offices, and studio space are among the possibilities described for those levels.

The property is at the intersection of Water Street and the road to a toll-free bridge into Pennsylvania, near Route 46. It is also positioned at the town’s only stoplight.

Key Highlights

  • Three levels, with a leased commercial space on the first floor
  • Second and third floors have been unused for decades
  • Zoning designation: B

Property Analytics

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Current Use

FOOD MART IS ... Grocery & Convenience Store Belvidere Lins Food ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Nail Salon Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
3,545 visits/mo 0.4 miles
PNC Bank Shops & Services
3,120 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
640 visits/mo 0.3 miles

Demographics for 07823, NJ

7,102
Population
3,643
Households
1.9
Avg Household Size
53
Median Age
24%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
283
Density / Sq Mi
$84,381
Median Household Income
$42,805
Median Earnings
$948
Median Rent
$314,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased ground-floor commercial space sits below two upper floors that have been unused for decades.
Where is this mixed-use property located?
The property is located at 253 Water St Belvidere, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three levels, with a leased commercial space on the first floor; Second and third floors have been unused for decades; Zoning designation: B
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