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Property profile & analytics
FOR SALE
Commercial real estate

627 3Rd St Belvidere, NJ 07823

1,190 SF 0.12 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US59-1262515
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 1,190 SF
Lot 0.12 ac (5,227 SF)
Zoning code R50
APN 03 00020-0000-00010
UPID US59-1262515
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John W Steckel · 4 yrs held
John W Steckel
since 2021
2 recorded transactions
2021
Price N/A
2004
$150,000
Zoning & alternative use
R50 · Belvidere, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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