Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Well-Maintained Office Building For Sale Title is generated by Realmo AI

    292 Belleville, Kearny, NJ 07032

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $729,000

    Move-in ready office building with recent upgrades and flexible usage.

    Added:
    May 28, 2025
    Days on Market:
    360
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 292 Belleville

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    JAMES CAPOBIANCO

    Listing agent JAMES CAPOBIANCO

    Listing office ARLINGTON REAL ESTATE CO., INC

    Listing date May 28, 2025

    Source Corcoran

    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 ARLINGTON REAL ESTATE CO., INC

    HighLights

    • Move‑in ready condition
    • Large basement with over 7‑foot ceiling suitable for various uses
    • Great location
    • Well‑maintained building
    • Relatively new roof, electric service, and 2‑zone central AC
    • Two handicapped‑accessible lavatories

    Overview

    This well-maintained building is move-in ready and suitable for a variety of uses. The property features a full kitchen and two handicapped accessible lavatories. The basement is large with a ceiling height over 7 feet. Several components of the building's infrastructure have been recently updated, including the roof (7 years old), electric service (6 years old), two-zone central AC (5 years old), and sump pump (2 years old).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Congregation B'Nai Israel ... Synagogue

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kearny
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1354
    Latitude
    40.7799

    Nearby Similar for Sale

    • $500,000
      2,200 SF

      Kearny Commercial Property For Sale

      Free-standing commercial property in Kearny's C-3 zone.
      309 Argyle Pl, Kearny Town, NJ 07032-3218
      View Details
    • $779,900
      3,600 SF

      Kearny Avenue Mixed-Use Opportunity

      Mixed-use property with commercial space and residential units.
      338 Kearny Ave, Kearny Town, NJ 07032-2624
      View Details
    • $500,000
      2,182 SF

      Kearny Commercial Opportunity

      Distinctive property in Kearny's Commercial C-3 zone.
      309 Argyle Pl, Kearny, NJ 07032-3218
      View Details
    • $399,000

      Restaurant with Liquor License

      Turnkey restaurant with high visibility and outdoor seating.
      202 Kearny, Kearny, NJ 07032
      View Details
    • $85,000

      Turnkey Cafe Business Opportunity

      Fully equipped cafe in Kearny, NJ for sale.
      247 Kearny, Kearny, NJ 07032
      View Details
    • $100,000

      Kearny Restaurant/Coffee Shop Opportunity

      Restaurant or coffee shop in the heart of Kearny.
      515-517 Kearny, Kearny, NJ 07032
      View Details
    • $779,900
      3,600 SF

      Mixed-Use Property on Kearny Avenue

      Mixed-use property with commercial space and residential units.
      338 Kearny Ave, Kearny Town, NJ 07032
      View Details
    • $899,000
      4,250 SF

      Kearny Freestanding Building For Sale

      Freestanding 4,250 SF building with conversion potential in Kearny.
      187 Kearny Avenue, Kearny, NJ 07032
      View Details
    • $85,000

      Established Deli Business For Sale

      Profitable deli business with loyal customer base in Kearny.
      276 Belleville Tpke, Kearny, NJ, 07032-3204
      View Details
    • $820,000

      Kearny Multifamily Property For Sale

      Multifamily property available for purchase in Kearny, New Jersey.
      340 Forest St, Kearny, NJ 07032
      View Details
    • $85,000

      Established Deli Business For Sale

      Turnkey deli business with loyal customer base in Kearny.
      276 Belleville, Kearny, NJ 07032
      View Details
    • $800,000
      1,870 SF

      Kearny Avenue Office For Sale

      Office space available for purchase in Kearny, New Jersey.
      47 Kearny Ave, Kearny, NJ
      View Details

    FAQs

    What type of property is this?
    Office space - Move-in ready office building with recent upgrades and flexible usage.
    Where is this office space located?
    The property is located at 292 Belleville Kearny, NJ.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: Move‑in ready condition; Large basement with over 7‑foot ceiling suitable for various uses; Great location
    We can help!
    Listing Contact
    JAMES CAPOBIANCO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    292 Belleville, Kearny, NJ 07032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!