Financial
Distress signals
Property profile

71 Franklin St Belleville, NJ 07109

FOR SALE
Other commercial real estate
Property ID
US59-0958280
756 SF 0.09 ac lot Built 1937
Last sale Oct 2024 · $515,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail storefront completed in 2026 and located at 71 Franklin St in Belleville Township, New Jersey. It provides approximately 520 square feet of window-fronted retail space within a newly constructed building, featuring an open interior layout that can be configured to suit different business requirements. The storefront is positioned with immediate access to light rail and other public transportation, and offers on-street parking, with a municipal parking lot about one

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2023$303k
Assessed land$86k
Assessed improvement$218k
Effective rate3.85%

Value estimate

· Sep 2026
$770k
$693k – $847k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$628
Operating expenses−$3k
NOI · 412.33% cap applied$7k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$235/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$145 – $340
Qualifying comparables20

Cap rate analysis

How does the asset earn?
412.33%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Pawn Shop10.9
Parking Facility10.0

Location

71 Franklin St Belleville, NJ 07109
County assessor Recorded deeds · 7 transfers 20 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
78 Washington, Belleville, NJ 07109-2930 $55,500,000 Dec 2025 200 SF
143 Vly, Belleville, NJ 07109-3119 $1,350,000 Oct 2024 2,040 SF
2 Cortlandt, Belleville, NJ 07109-3004 $770,000 Oct 2024 2,624 SF
30 Washington, Belleville, NJ 07109-3667 $800,000 Jul 2024 825 SF
49 Frederick, Belleville, NJ 07109-1105 $370,000 Nov 2023 1,892 SF
176 Belmont, Belleville, NJ 07109-2396 $540,000 Jun 2023 2,538 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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