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529 Washington Ave #-Belleville Twp., NJ 07109

Commercial · 9,958 Sq. ft. | 0.11 Acres
$1,650,000 Active

529 Washington Ave #- Overview

Time on Site:
5 days
Visits:
1

Prime investment opportunity in the heart of Belleville! This solid brick 9-unit mixed-use property sits on a prominent corner lot in the center of downtown, steps from City Hall, restaurants, grocery stores, places of worship, hospitals, and schools. The building features 6 spacious two-bedroom, one-bath apartments and 3 ground-level commercial storefronts, offering strong rental potential and a diverse income stream. Recent upgrades include a new roof (2024), newer windows, and enhanced safety improvements throughout the apartments and storage areas. With 4 on-site parking spaces, this property provides a rare convenience for tenants and commercial occupants alike. Landlord covers heat and hot water for the entire building. Located in a high-demand area with excellent foot traffic and easy access to major highways and public transportation, this property offers investors a well-maintained, income-producing asset in a thriving community.

Listing provided courtesy of WEICHERT REALTORS CORP HQ- MLS# 4033785MLS ProviderContact Information: 9734616090
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529 Washington Ave #- Facts & Features

  • Type Commercial
  • Sq. ft. 9,958
  • Price/Sq.ft. $166
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Expenses Include: Insurance, Maintenance - Interior, Taxes, Water/Sewer
  • Gross Income: 185000
  • Net Operating Income: 110000
  • Operating Expense: 75000

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 6
  • Renovated Year: 2023
  • Year Built: 1909

Location/Region

  • County Or Parish: Essex
  • Location: Business District, Corner, Residential Area

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate, Renovated

Rent/Lease Information

  • Tenant Pays: Electric, Gas

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $34,636.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 4.157
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building & Land
  • Property Sub Type: Apartment Complex, Mixed Use, Office/Retail
  • Property Type: Commercial
  • Zoning: Commercial

Interior

Building Information

  • Available Sq Ft: 9958
  • Equipment Available: Appliances, Security System, Smoke Detector
  • Max Ceiling Height: 0
  • Max Door Height: 0
  • Num 1 Bdrm Units: 0
  • Num 2 Bdrm Units: 6
  • Num 3 Bdrm Units: 0
  • Num 4 Bed Units: 0
  • Num Units w/Full Bath: 6
  • Num Units w/Half Bath: 0
  • Office Sq Ft: 0

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 9

Building Interior

  • Building Area Total: 9958

General Information

  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Heating: Radiators - Steam
  • Stories: 3

Unit Information

  • Unit Number: -

Exterior

Building Information

  • Color of Building: Brick
  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: On-Street Parking, Parking Lot-Exclusive

Lot Information

  • Approximate Lot Size: 50X99.09
  • Lot Size Acres: 0.11
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block
  • Exterior Description: Brick/Block
  • Roof: Flat, Rubberized

General Information

  • Number Of Units Total: 9
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural

529 Washington Ave #- Neighborhood

Community

07109 (BELLEVILLE) Demographics

40
Median Age
10,770
Population Density (per sq. mile)
36%
College Educated
$73,384
Estimated Median Income
7,028
Estimated Total Home Owners
5,791
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

529 Washington Ave #- Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

529 Washington Ave #- Market Data

Based on the last 30 days in this zip code

$476,733
Average List Price
$2,790
Average Price per Square Foot
13
Properties Sold
77
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

529 Washington Ave #- History

Date Event Value Agent
6/24/2026Source: Garden State MLS Added to Database
June 24, 2026