317-319 Mill St Belvidere, NJ 07823
- Commercial real estate
- 999 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 317-319 Mill St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property size
- 999 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a rare chance to acquire a multi-family commercial property located at 317-319 Mill Street in Belvidere, New Jersey. The property comprises two separately deeded buildings totaling nine rental units, offering significant income potential. Building 317 features a street-level storefront that previously generated $1000 per month in rent, a basement studio apartment renting for $700 per month (electricity included), and a two-bedroom apartment on the second and third floors renting for $950 per month. The landlord covers oil heating costs for this building. Building 319 includes a basement studio apartment renting for $850 per month (electricity included), a large storefront currently occupied by a hair salon at $550 per month, and one vacant smaller storefront. The second floor boasts a renovated two-bedroom apartment renting for $1200 per month. The third floor contains two one-bedroom apartments
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Warren
- State
- New Jersey
- Longitude
- -75.0777
- Latitude
- 40.8287
