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Property profile & analytics

627 3Rd St Belvidere, NJ 07823

  • Commercial real estate
  • 1,190 SF
  • 0.12 lot acres
Value Estimation
Last Sale
Oct 14, 2021
Location Intelligence
Property ID
US59-1262515
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 627 3Rd St

Construction
FRAME
Lot size
0.12 lot acres
Property size
1,190 SF
Zone code
R50
Property type
Commercial real estate
APN
03 00020-0000-00010
APU
300020000000010

Description

This exceptional 1,190 square foot retail property, situated on a 0.12-acre corner lot in historic Belvidere, New Jersey (07823), presents a unique investment opportunity. Built in 1950 and recently renovated, the single-story building boasts ample parking and benefits from its high-traffic location. Its proximity to three local schools ensures consistent pedestrian traffic, making it ideal for a variety of businesses. Previously utilized as a bakery and luncheonette with convenience store elements, this versatile space is adaptable to various commercial uses, including its previous uses as a convenience store and daycare/nursery. The asking price is $165,900, translating to $139.41 per square foot. Located at 627 3rd St, Belvidere, Warren County, this property offers excellent visibility and accessibility. The building's recent renovations ensure a move-in ready condition, minimizing upfront capital expenditures. This prime location, combined with its versatile layout and recent upgrades, makes this property an attractive investment for discerning buyers seeking a thriving commercial venture in a desirable New Jersey town. Don't miss this chance to own a piece of Belvidere's vibrant commercial landscape.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $320,000
    6.5%
    $325,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $355,000
    Geo Method
    $335,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $330,000
    Retail
    $285,000
    Mixed-Use
    $310,000
    Hospitality
    $385,000
    Educational
    $345,000
    Residential Income
    $305,000
    Energy
    $315,000
    Income-Based Land
    $285,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Belvidere
County
Warren
State
New Jersey
Longitude
-75.0722
Latitude
40.8264
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,284
$75,000
$71,400
$146,400
-
$75,000
$71,400
$146,400
More about this property
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