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Investment Highlights

  • Washington Ave in Belleville NJ traffic ave hight avenue
  • close to NYC
  • Major highways

Executive Summary

While no formal approvals are currently in place, the lot size and layout may allow for a high-density multifamily concept (potentially up to approximately 16 units) — subject to buyer’s full due diligence, zoning review, and municipal approvals.
?? Lot Breakdown (combined):
?? Lot #8502 — 105 x 50 SQF | Taxes: $4,676.63
?? Lot #2.01 — 99.94 x 34.9 SQF | Taxes: $1,941.21

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Taxes $9,259 $46,157.37
Operating Expenses - -
Total Expenses $9,259 $46,157.37

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $9,259
Annual Per AC $46,157.37
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $9,259
Annual Per AC $46,157.37

Property Facts

Price $1,189,405 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.20 AC

1 Lot Available

Lot 8502 & 2.0

Price $1,189,405 CAD
Price Per AC $5,929,325.87 CAD
Lot Size 0.20 AC

Attention investors & developers —this oversized commercial lot (two parcels combined and sold as ONE) offers exceptional potential for a future multifamily or mixed-use development project.

Description

Attention investors & developers — this oversized commercial lot (two parcels combined and sold as ONE) offers exceptional potential for a future multifamily or mixed-use development project. While no formal approvals are currently in place, the lot size and layout may allow for a high-density multifamily concept (potentially up to approximately 16 units) — subject to buyer’s full due diligence, zoning review, and municipal approvals. ?? Lot Breakdown (combined): ?? Lot #8502 — 105 x 50 SQF | Taxes: $4,676.63 ?? Lot #2.01 — 99.94 x 34.9 SQF | Taxes: $1,941.21 ? Large footprint ideal for ground-up development ? Strong upside for experienced builders and investors ? Flexible layout for multifamily or commercial residential concepts ? Buyer to verify all zoning and development possibilities This is an excellent opportunity to secure land with scale and vision in a growing area. ?? For details or to schedule a site visit, contact me directly: Silvia Lituma REALTOR® | Keller Williams Village Square Realty ?? 862-600-9514

Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
01-08502-0000-00002
Land Assessment
$157,421 CAD
Improvements Assessment
$0 CAD
Total Assessment
$157,421 CAD
Annual Taxes
$9,259 CAD
Tax Year
2025
  • Listing ID: 39616586

  • Date on Market: 2026-02-28

  • Last Updated:

  • Address: 20-22 Washington ave, Belleville, NJ 07109

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