Property profile

21 Joralemon St Belleville, NJ 07109

OFF-MARKET
Commercial real estate
Property ID
US59-3104024
10,326 SF 0.22 ac lot Built 1922
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1922
Construction CONCRETE BLOCKS
Total area 10,326 SF
Lot 0.22 ac (9,400 SF)
APN 01 09601-0000-00020
UPID US59-3104024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor

Location

21 Joralemon St Belleville, NJ 07109-3266
Belleville metro Census 14400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$510k

Owner & transaction history

since 2026
Last sale
$1.5M
4 recorded transactions
2026
$1.5M
2016
$300,000
2015
$300,000
2004
$490,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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