627 3Rd St Belvidere, NJ 07823
For Sale
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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.
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
R50 · Belvidere, NJBelvidere. Always verify with local authorities before improvements.
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.