21 Joralemon St Belleville, NJ 07109-3266
This exceptional Belleville, NJ commercial property boasts nearly 9,884 square feet of versatile space, perfectly suited for a variety of commercial ventures. The expansive warehouse area, ideal for storage, distribution, or manufacturing, is complemented by over 1,000 square feet of showroom/retail space, perfect for showcasing products or conducting retail operations. A fully renovated second floor offers two modern offices and a bathroom, providing a comfortable and functional workspace. The property's location in a high-traffic area ensures excellent visibility and exposure to passing vehicles and pedestrians, with ample space for prominent signage. Convenient access to major highways, including Routes 3 and 21, guarantees easy access for customers and suppliers. Facilitating efficient operations, the property includes an extra-large 12x18 overhead door for easy loading and unloading of goods. Situated on a 0.22-acre lot, this property offers a compelling combination of functionality, accessibility, and prime location, making it an attractive investment opportunity. The property is priced at $2,195,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.