Renovated Mixed-Use Medical Office

431 WASHINGTON AVE Unit 1, Belleville, NJ 07109

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For Sale

$1,100,000

Renovated in 2011, this mixed-use property combines medical office space with residential living in a convenient commuter setting.

Type:Mixed Use

Property size:

3,766 SF

Price / SF:

$292/SF

HighLights

Mixed‑use building with medical office and residential space, located in the Central Business District
Completely renovated in 2011 with updated flooring, fixtures, mechanical systems, and interior finishes
Commercial zoning: Comm; freestanding property with strong frontage on Washington Ave (431 Washington Ave)
Climate and comfort: A/C - zone cooling and 3 heating systems; interior flooring includes tile, laminate, and wood
Parking includes 5 parking spaces with a 2‑car garage
Lot dimensions: 66.67 x 123.9 (66.67 x 123.9)

We can help!

Listing Contact

RAYMOND THOMAS

Learn more

For Sale

$1,100,000

Renovated in 2011, this mixed-use property combines medical office space with residential living in a convenient commuter setting.

Type:Mixed Use

Property size:

3,766 SF

Price / SF:

$292/SF

Added:: May 10, 2026
Days on Market:: 40
Last Refresh:: Jun 15 at 5:58 am

Property Features for 431 WASHINGTON AVE Unit 1

General Information

Standard status: Active
Size: 3,766 SF
Property subtype: Mixed Use

Building Details

Year Built: 1908

We can help!

Listing Contact

RAYMOND THOMAS

Listing agent RAYMOND THOMAS

Listing office EXP REALTY, LLC

Listing date May 10, 2026

Source Xome

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 EXP REALTY, LLC

HighLights

Mixed‑use building with medical office and residential space, located in the Central Business District
Completely renovated in 2011 with updated flooring, fixtures, mechanical systems, and interior finishes
Commercial zoning: Comm; freestanding property with strong frontage on Washington Ave (431 Washington Ave)
Climate and comfort: A/C - zone cooling and 3 heating systems; interior flooring includes tile, laminate, and wood
Parking includes 5 parking spaces with a 2‑car garage
Lot dimensions: 66.67 x 123.9 (66.67 x 123.9)

Overview

This mixed-use building includes a medical office space and a residential component. The property was completely renovated in 2011, with updated flooring, fixtures, mechanical systems, and interior finishes designed for day-to-day functionality. The commercial space is described as flexible for business use, with strong visibility along Washington Avenue, while the residential portion offers comfortable rooms with abundant natural light.

Located at 431 Washington Ave in Belleville, the property is positioned near shopping, dining, major highways, and public transportation. The remarks also note proximity to parks, schools, and houses of worship, with commuter access between Newark and New York City.

For an owner-user, this configuration can support operating a medical or service-focused business alongside residential space. For investors, the mix of commercial and residential uses within a renovated asset may appeal to operators seeking a single-building structure with multiple income streams. The listing describes the building as a well-maintained, updated opportunity with modern improvements and convenient on-site amenities such as off-street parking, with additional features potentially including separate utilities and ample storage.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$113.0k	$30.00
− Vacancy	−$7.7k	−$2.04
EGI	$105.3k	$27.96
− OpEx	−$47.4k	−$12.58
NOI	$57.9k	$15.38

3,766 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$827.3K

$723.9K – $965.2K (±1% cap)

NOI $57,914 @ 7.0% cap · market cap 5.26%

Second Best

Office B

$823.1K

$720.3K – $960.3K (±1% cap)

NOI $57,620 @ 7.0% cap · market cap 5.24%

Theoretical Best

Office A

$983.4K

$860.5K – $1.15M (±1% cap)

NOI $68,836 @ 7.0% cap · market cap 6.26%

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

Location Intelligence

Current Use by Public Records

Pratap Singhal md Pediatrician

Suggested Use

Similar Places Nearby

Manuel Mauro DVM — 211 Washington Ave, Belleville, NJ 07109

Location Insight

Map
Local Demand

City: Belleville
County: Essex
State: New Jersey
Longitude: -74.1495282
Latitude: 40.7953417

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For sale
Medical Office Space
NJ
Belleville
07109
431 WASHINGTON AVE Unit 1

What type of property is this?

Medical Office Space - Renovated in 2011, this mixed-use property combines medical office space with residential living in a convenient commuter setting.

Where is this medical office space located?

The property is located at 431 WASHINGTON AVE Unit 1 Belleville, NJ.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Mixed‑use building with medical office and residential space, located in the Central Business District; Completely renovated in 2011 with updated flooring, fixtures, mechanical systems, and interior finishes; Commercial zoning: Comm; freestanding property with strong frontage on Washington Ave (431 Washington Ave)