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504 Washington Ave 1,000 SF Retail Building Belleville, NJ 07109 $653,852 CAD ($653.85 CAD/SF)
Executive Summary
Ideal investment-building opportunity located in the Heart of Belleville! High Traffic location, next to Taco Bell, Auto Zone, Urgent Care and other businesses. 50 x 125 level lot with approx 1000 sq ft block building-retail store with ample parking on side, 2 large and open rooms and half bath, gas forced air heat, central air, flat roof and paved parking area on side, currently tenant occupied on a month-to-month lease at $2,500 per month. Rear and side yard currently bocce court, patio and koi pond but could be removed for additional customer parking. Ideal location for a retail establishment. Located in the BG Zone on busy Washington Ave. With proper approvals, an addition would increase size or razing the current building and building retail stores and residential apartments above with proper municipal approvals and variances. Not a flood zone
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$41,296
|
$41.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,296
|
$41.30
|
| Taxes |
$13,337
|
$13.34
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,337
|
$13.34
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $41,296 |
| Annual Per SF | $41.30 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $41,296 |
| Annual Per SF | $41.30 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,337 |
| Annual Per SF | $13.34 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $13,337 |
| Annual Per SF | $13.34 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,000 SF
Building Class
C
Year Built
1947
Price
$653,852 CAD
Price Per SF
$653.85 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.16
Lot Size
0.14 AC
Zoning
commercial - Commercial Zone,
Parking
5 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
28’ on Washington Ave
Amenities
- Bus Line
- Freeway Visibility
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-09001-0000-00006 | Total Assessment | $320,869 CAD |
| Land Assessment | $214,739 CAD | Annual Taxes | $13,337 CAD ($13.34 CAD/SF) |
| Improvements Assessment | $106,130 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
01-09001-0000-00006
Land Assessment
$214,739 CAD
Improvements Assessment
$106,130 CAD
Total Assessment
$320,869 CAD
Annual Taxes
$13,337 CAD ($13.34 CAD/SF)
Tax Year
2025
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