317-319 Washington, Belleville, NJ 07109
Meticulously renovated commercial property with modern functionality and historic charm.
- 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
Listing agent ANGELA BECERRA
Listing office PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-TENAFLY (201) 568-5668
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1761602
- Latitude
- 40.7349665