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    Renovated Commercial Property on Washington Title is generated by Realmo AI

    317-319 Washington, Belleville, NJ 07109

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    For Sale
    $900,000

    Meticulously renovated commercial property with modern functionality and historic charm.

    Type:Commercial
    Property size:
    4,022 SF
    Price / SF:
    $223/SF
    Added:
    Nov 4, 2025
    Days on Market:
    229
    Last Refresh:
    Apr 5 at 9:06 pm

    Property Features for 317-319 Washington

    General Information

    Standard status
    Active
    Size
    4,022 SF
    Property subtype
    Commercial

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    Listing Contact
    ANGELA BECERRA

    Listing agent ANGELA BECERRA

    Listing office PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-TENAFLY

    Listing date Nov 4, 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 PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-TENAFLY

    HighLights

    • Meticulously renovated 4,022 sq ft commercial property blending historic charm with modern functionality.
    • Ideally located on Washington Avenue, minutes from Garden State Parkway, Route 3, and Route 21.
    • First floor: five spacious offices, two bathrooms, and reception area with fireplace.
    • Second floor: bright open‑concept layout with kitchenette, bathroom, and additional office.
    • Rear parking and multiple entrances.
    • Turn‑key property ready for immediate occupancy.

    Overview

    This meticulously renovated commercial property offers approximately 4,022 sq ft across two floors. The space, formerly a house of worship and later a dance studio, blends historic charm with modern functionality. The first floor features five offices, two bathrooms, and a reception area with a fireplace. The second floor offers an open-concept layout with a kitchenette, bathroom, and an additional office. The property is suitable for professionals such as doctors, attorneys, accountants, or creative firms. It is located on Washington Avenue, with access to Garden State Parkway, Route 3, and Route 21. Rear parking, multiple entrances, and access to shops, restaurants, and public transportation are available. The turn-key property is ready for immediate occupancy.

    Local Financial Insights For Office B

    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 $120.7k $30.00
    − Vacancy −$38.6k −$9.60
    EGI $82.0k $20.40
    − OpEx −$20.5k −$5.10
    NOI $61.5k $15.30
    4,022 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $879.1K
    $769.2K – $1.03M (±1% cap)
    NOI $61,537 @ 7.0% cap · market cap 6.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.05M
    $919.0K – $1.23M (±1% cap)
    NOI $73,516 @ 7.0% cap · market cap 8.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1761602
    Latitude
    40.7349665

    FAQs

    What type of property is this?
    Office units - Meticulously renovated commercial property with modern functionality and historic charm.
    Where is this office units located?
    The property is located at 317-319 Washington Belleville, NJ.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Meticulously renovated 4,022 sq ft commercial property blending historic charm with modern functionality.; Ideally located on Washington Avenue, minutes from Garden State Parkway, Route 3, and Route 21.; **First floor: five spacious offices, two bathrooms, and reception area with fireplace.**
    More about this property
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