450-452 Washington Ave - Belleville, NJ
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450-452 Washington Ave - Belleville, NJ
0.26 Acres of Residential Land Offered at $1,300,000 in Belleville, NJ 07109
Investment Highlights
- Unobstructed NYC skyline views from the rooftop lounge.
- A+ location in the center of Belleville’s bustling Washington Avenue.
- Excellent demographics and consistently increasing rents.
Executive Summary
Fully-approved plans for 14 luxury rental units and 2 ground-floor retail. Plans include space for amenities including a gym, rooftop common areas, parking. Construction permits have been received.
Property Facts
| Price | $1,300,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.26 AC |
| No. Lots | 1 |
| Price | $1,300,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.26 AC |
1 Lot Available
Lot 7
| Price | $1,300,000 | Lot Size | 0.26 AC |
| Price Per AC | $5,000,000 |
| Price | $1,300,000 |
| Price Per AC | $5,000,000 |
| Lot Size | 0.26 AC |
The property is a 0.26 acre site that is fully approved for a mixed-use development with 14 residential units and 2 commercial units.
Description
Surrounded by thriving businesses and other existing and future new developments. Adjacent and walkable to public transportation, including buses and light rail with service to NYC.
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 01-08905-0000-00007 | Improvements Assessment | $0 |
| Land Assessment | $480,000 | Total Assessment | $480,000 |
PROPERTY TAXES
Parcel Number
01-08905-0000-00007
Land Assessment
$480,000
Improvements Assessment
$0
Total Assessment
$480,000
zoning
| Zoning Code | B-G (Commercial/Residential Mixed Use) |
| B-G (Commercial/Residential Mixed Use) |
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450-452 Washington Ave - Belleville, NJ
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