Financial
Distress signals
Property profile

137 Washington Ave 145 Belleville, NJ 07109

OFF-MARKET
Other commercial real estate
Property ID
US59-1378886
12,080 SF 0.4 ac lot Built 1947
Last sale Jun 2023 · $2,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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 2,000-square-foot retail space located within a strip shopping center in the Belleville area, positioned on a high-traffic street with pedestrian visibility. It features an open floor plan designed for layout customization and includes expansive front windows for storefront exposure and natural light. Parking is available in a lot adjacent to the shopping center, and the surrounding area includes apartment developments (completed and ongoing). The space is suitable for a range

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$41k
Tax billed · 2022
Assessed value · 2023$1.08M
Assessed land$460k
Assessed improvement$615k
Effective rate3.85%

Value estimate

· Sep 2026
$3.65M
$3.28M – $4.01M
AI approach$3.64M
CAP approach$2.57M
Sales comparison$2.00M

Realmo valuation models over county records and 23 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 comparables23

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency33.5
Law Firm31.1
Parking Facility17.7

Location

137 Washington Ave, Unit 145 Belleville, NJ 07109-2927
County assessor Recorded deeds · 4 transfers 23 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
189-193 Washington, Belleville, NJ 07109-3152 $1,300,000 Mar 2025 5,262 SF
542 Washington, Belleville, NJ 07109-3334 $1,100,000 Nov 2024 9,938 SF
222 William, Belleville, NJ 07109-2444 $2,100,000 Sep 2024 6,580 SF
101 Un, Belleville, NJ 07109-1628 $999,900 Sep 2024 6,278 SF
549 Washington, Belleville, NJ 07109-3333 $1,100,000 Jul 2024 7,740 SF
54-58 Schuyler, Belleville, NJ 07109-3045 $1,950,000 Jan 2024 6,082 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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