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49 Franklin St, Belleville, NJ 07109
$1,375,000
49 Franklin St, Belleville, NJ 07109View this property at 49 Franklin St, Belleville, NJ 07109
49 Franklin StBellevilleNJ07109
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Property Description
Introducing a rare and unique mixed-use building, perfectly situated in a high- traffic area! This property offers a professional kitchen on the first level, complete with industrial equipment, 2 delivery vans and ample dry, refrigerated, and frozen storage space making it the ideal location for any commercial quantity food preparation, culinary enthusiast, or professional chef. This sale includes a food preparation business servicing 55 supermarkets throughout New York and New Jersey with an opportunity to grow the business exponentially. Great ghost kitchen option for offsite caterers, food truck operators or mass produced, pre-package cuisine for additional revenue.The second and third levels feature two spacious, thoughtfully designed apartments, one with 2 bedrooms and 1 bath and one with 3 bedrooms and 1 bath that are income generating. Each apartment has its own private entrance, an abundance of natural light with hardwood floors and durable finishes. In addition to the fantastic living and commercial spaces, this property also comes with a private parking lot, offering tenants and guests the ultimate convenience and peace of mind. With its prime location in a bustling area, this mixed-use building is perfect for those looking to start or expand their business while simultaneously generating income.Don't miss out on this once-in-a-lifetime opportunity to own a successful business as well as a piece of prime real estate.
Full Property Details
Full Property Details for 49 Franklin St
General
- Price: $1,375,000
- Taxes: $11,850 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 3890936
- Updated: 3/14/2024
- Added to Site: 70 day(s) ago
Business
- Includes: Building & Business
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Appliances, Exhaust System, Fire Alarm, Kitchen Area, Refrigeration Unit, Smoke Detector, Sprinkler System, Storage Area(s)
Parking
- Parking: Off-Street Parking, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Franklin Ave to Franklin St, corner of Ugene.
- Location Details: Business District
Heating & Cooling
- Cooling Type: No Cool, Window A/C(s)
- Heating Type: 3 Units, Radiant - Electric
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Construction: Wood
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 3,300
- Aprox. Leasable: 3,300 Sq. Ft.
- Year Built: 1932
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 26X123
- Zoning: Mixed use
Financial Considerations
- Price Per Sq. Ft.: $416
- Assessment Amount: $307,700
- Land Assmt: $110,300
- Tax Amount: $11,850
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1601-02002-0000-00017-0000-
- Block: 2002
- Lot Number: 17
Listed by Keller Williams - Nj Metro Group
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Schools
Schools serving 49 Franklin St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
120 Manchester Pl, Newark, NJ 07104 | PK-8 | 0.5 mi | |
735 Ridge St, Newark, NJ 07104 | K-8 | 0.7 mi | |
214 1st Ave W, Newark, NJ 07107 | PK-8 | 0.8 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 0.8 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 1.9 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 4.2 mi | |
284 First Ave, Newark, NJ 07107 | PK-8 | 0.8 mi | |
721 Summer Ave, Newark, NJ 07104 | PK-8 | 0.9 mi | |
663 Broadway, Newark, NJ 07104 | PK-8 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49 Franklin St
Date
Details
Price
Change
Source
3/14/2024
Listed
$1,375,000
243.75%
MLS
7/25/2005
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 49 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,850
1%
$307,700
—
2021
$11,677
3%
$307,700
8%
2018
$11,388
3%
$284,000
—
2017
$11,011
1%
$284,000
—
2016
$10,889
4%
$284,000
—
2015
$10,519
-3%
$284,000
-8%
2019
$10,896
-27%
$307,700
8%
2013
$14,954
—
$284,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 49 Franklin St
49 Franklin St, Belleville, NJ 07109 (MLS# 3890936) is a Commercial property. 49 Franklin St is currently listed for $1,375,000 and was received on March 14, 2024. Want to learn more about 49 Franklin St? Do you have questions about finding other Commercial real estate for sale in Belleville? You can browse all Belleville real estate or contact a Coldwell Banker agent to request more information.