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    7 Terrace Pl Belleville, NJ 07109

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    For Sale
    $225,000

    Cleared, buildable lot with approved plans for immediate construction.

    Lot size:
    0.06 Acres

    Property Features for 7 Terrace Pl

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres

    Source: CHRISTIE'S INT. REAL ESTATE GROUP Agent DONNA KEENA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Lot for Single-Family Home

    This cleared and buildable lot is fully approved for the construction of a 2159 sq. ft. single-family home. The sale includes approved plans, construction documents, architectural designs, elevations, floor plans, and permits, allowing for immediate commencement of building. It is located in Belleville Twp., NJ. Taxes are to be determined by the Township of Belleville. The property can also be sold as New Construction. This lot presents a shovel-ready opportunity for builders or those looking to purchase New Construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1516112
    Latitude
    40.7813757

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared, buildable lot with approved plans for immediate construction.
    Where is this residential land & home lot located?
    The property is located at 7 Terrace Pl Belleville, NJ.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Shovel-ready lot with full approval for a 2159 sq. ft. single-family home.; - Sale includes approved plans, construction documents, architectural drawings, elevations, floor plans, and permits.; - Opportunity to break ground immediately with no delays or guesswork.
    (201) 547-1500
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    7 Terrace Pl Belleville, NJ 07109
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    Belleville, NJ 07109
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    Realmo Value Estimation

    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.

    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.

    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
    7 Terrace Pl Belleville, NJ 07109
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