For Sale
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Property summary
This commercial building is located in a residential area of Belvidere, New Jersey, a few blocks from the school and positioned on a main route through town at the corner of Third Street and Oxford, providing visibility from multiple directions. The property includes a parking lot and two separate commercial glass-door entryways. Interior space is arranged around a large open area that can be reconfigured for a range of commercial uses, with storage and utility rooms off the main area and a lobby plus office space accessible from both inside and outside. An ADA-compliant bathroom with a handrail is located at the end of the hall. Flooring is finished with a combination of laminate and tile, and the interior has a neutral color scheme with natural light. The building has historically been used for commercial purposes, including an automotive service station, deli/eatery, convenience store, bakery, and more recently a karate/yoga studio; any future use is subject to town approval. The property’s location near Route 46 and County Route 519 provides access to Routes 78 and 80.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Belvidere market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R50 · Belvidere, NJZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R50 in Belvidere, NJ.
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