627 3Rd StBelvidere, NJ 07823

  • Other commercial real estate
  • 1,190 SF
For Sale
$165,900 View listing

Property Details for 627 3Rd St

Construction
FRAME
Lot size
0.12 AC
Property size (Sq ft)
1,190 SF
Zone code
R50
Property type
Other commercial real estate
APN
03 00020-0000-00010
APU
300020000000010

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $338,365
    Hospitality
    $309,940
    Educational
    $257,867
    Medical
    $266,735
    Retail
    $401,126
627 3Rd St, Belvidere, New Jersey

Location Insight

City
Belvidere
County
Warren
State
New Jersey
Latitude
40.8264
Longitude
-75.0722
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,284
$75,000
$71,400
$146,400
-
$75,000
$71,400
$146,400

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