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Apartment Buildings with Approved Retail Space
For Sale
Contact for pricing
Pending

450 Washington Ave, Belleville, NJ 07109

Two-building offering with approvals for apartments and retail storefronts.

Property SizeContact for details
Days on Market145

Property Features for 450 Washington Ave

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Buildings 2
Listing Agency: Fairclough Realtors
Listed By: Brian Fairclough · License #NJ 1430225
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 2 at 9:51PM

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 Fairclough Realtors

Investment Insights

Based on property information with market context.

This offering includes two multifamily buildings at 450 and 452 Washington Avenue in Belleville. Current approvals cover 19,225 square feet of planned improvements, including 14 apartments and 2 retail stores.

The properties are located on Washington Avenue in Belleville, New Jersey, providing a mixed residential and retail configuration within the existing multifamily assemblage.

Key Highlights

  • Two multifamily buildings at 450 and 452 Washington Avenue
  • Current approvals cover 19,225 SF of improvements
  • Approvals include 14 apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hotel & Motel Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 07109, NJ

38,078
Population
15,045
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
11,539
Density / Sq Mi
$90,164
Median Household Income
$47,446
Median Earnings
$1,596
Median Rent
$405,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building offering with approvals for apartments and retail storefronts.
Where is this apartment building located?
The property is located at 450 Washington Ave Belleville, NJ.
What are key features of this property?
This property features: Two multifamily buildings at 450 and 452 Washington Avenue; Current approvals cover 19,225 SF of improvements; Approvals include 14 apartments
More about this property
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