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Property profile & analytics

449-451 Washington Ave, Unit 451 Belleville, NJ 07109-2675

  • Residential income homes
  • 4,224 SF
  • 0.12 lot acres
OFF-MARKET
Value Estimations
$610,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-0812423
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Residential income homes

Property Details for 449-451 Washington Ave

Year built
1961
Construction
BRICK
Lot size
0.12 lot acres
Property size
4,224 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
01 07906-0000-00005
APU
107906000000005

Description

This exceptional 473-square-foot traditional office condo, located at 449-451 Washington Ave, Belleville, NJ 07109, presents a unique investment opportunity. Built in 1959 and completely renovated in 2024, this single-tenant space boasts a modern and functional layout. The property features a convenient kitchen and a full bathroom, enhancing its practicality and appeal. The interior is divided into two distinct office spaces, providing flexibility for various professional uses. Central air conditioning ensures year-round comfort. The property's location offers unparalleled access to major transportation hubs, including convenient routes to New York City, Newark Airport, Newark Penn Station, and Rutgers University. Its versatility makes it ideal for a range of professional uses, such as an accountant's office, storage facility, doctor's office, or law office. This move-in ready space combines the benefits of a modern renovation with a highly desirable location, making it an attractive proposition for discerning buyers. The property is vacant and ready for immediate occupancy. This is a rare opportunity to acquire a well-appointed, conveniently located office space in a thriving New Jersey community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $600,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $737,000
    Market price range: $338k - $739k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Belleville
County
Essex
State
New Jersey
Longitude
-74.1493
Latitude
40.796
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,957
$350,000
$350,000
$700,000
-
$350,000
$350,000
$700,000
More about this property
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