228 Belleville AveBelleville, NJ 07109

For Sale
$1,299,999

High-yield commercial property, Belleville, NJ.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity in Belleville, NJ, presents a unique blend of income-generating properties situated on a prime 8,000 square foot lot at a high-traffic corner. The offering includes a substantial free-standing commercial building totaling 4,728 square feet. This building features ground floor retail or business space, ample storage on the upper level, and a separate basement accessible from the exterior. Adding to the investment potential are two additional free-standing residential buildings. One is a two-story single-family home, while the other is a three-story, three-family home, each equipped with a full basement. A key advantage is the completely separate utility services for each building, simplifying management and maximizing efficiency. The property's location near local parks further enhances its appeal. This assemblage presents a compelling opportunity for a developer or investor seeking a diversified portfolio with multiple income streams in a highly desirable location. The property's size and configuration offer significant potential for future development or expansion, making it an ideal acquisition for long-term growth and profitability. The current configuration provides immediate cash flow, while the location and size offer significant upside potential.

Property Details for 228 Belleville Ave

Property type
Other commercial real estate
Square Feet
4,728 SF
Year Built
1952

Location Insight

City
Belleville
County
Essex
State
New Jersey
Latitude
40.7878
Longitude
-74.15896
228 Belleville Ave, Belleville, New Jersey

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228 Belleville Ave
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