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$450,000 -$49,000 (-9.82%) Price Reduced

  • For Sale
  • Active
  • Retail
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Positioned at the only stoplight in town, the iconic Foodmart building commands one of the most visible and high-traffic corners in Belvidere. Set prominently where the main thoroughfare meets the road leading directly to the toll-free bridge into Pennsylvania and offering quick access to Route 46, this property stands as a landmark presence with exceptional exposure and strategic convenience. This substantial mixed-use building spans three levels, offering an exciting combination of existing income and untapped potential. The first floor is fully leased, providing immediate, consistent monthly revenue from a long-established commercial tenant. Above, the second and third floors offer expansive square footage that has remained unused for decades an extraordinary canvas ready for transformation. With thoughtful renovation once approved by the zoning department, these upper levels could be reimagined into residential units, professional offices, creative studio spaces, or other high-demand uses suited to this prime location. A rare opportunity for investors, developers, or owner-users, this property blends historic character, unbeatable visibility, and significant value-add potential. Whether revitalized for modern mixed-use living, boutique commercial spaces, or a combination of both, the Foodmart Building is poised to become a centerpiece of Belvidere's continued growth. Schedule your tour of this incredible building today!

Full Property Details for 253 Water St

General

  • Price: $450,000
  • Taxes: $10,064 (2024)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 3999812
  • Updated: 1/21/2026
  • Added to Site: 51 day(s) ago

Business

  • Includes: Building Only

Rental Information

  • Lease Includes: Building Insurance, Taxes
  • Lease Terms: 5 Or More Years

Interior

  • Flooring: Vinyl-Linoleum, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Sign - Building

Exterior

  • Color: White

Parking

  • Parking: On-Street Parking

Location

  • County: Warren
  • Driving Directions: Rt 46 to Route 519S, when you come to the 4 way blinker light turn right, continue on Front Street, Left onto Greenwich to light, building on corner
  • Location Details: Corner, Freestanding

Heating & Cooling

  • Cooling Type: 1 Unit
  • Heating Type: 1 Unit
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Garbage Extra Charge

Structural Information

  • Construction: Wood
  • Exterior Const.: Metal Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt Shingles
  • Ceiling Height: 10
  • Door Dimensions: 8
  • Stories in Building: 3
  • Square Feet: 7,191
  • Aprox. Leasable: 4,794 Sq. Ft.
  • Office: 4,794 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size: 36 X 54 IRR .090AC
  • Zoning: B
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $316,200
  • Land Assmt: $100,000
  • Tax Amount: $10,064
  • Tax Year: 2024
  • Tenant Pays: Electric, Heat, Sewer, Snow Removal, Trash Removal, Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Leases
  • APN: 3003-00005-0000-00010-0000-
  • Block: 5
  • Lot Number: 10

Listed by Freeby Lai Real Estate

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Listing agent

— 253 Water St —

  • Freeby Lai Real Estate

888-558-3898

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 253 Water St

School District:Belvidere Town School District
NameGradesDistance
Third Street Elementary School
300 3rd Street, Belvidere, NJ 07823
PK-30.3 mi
Belvidere Elementary School
807 Oxford Street, Belvidere, NJ 07823
4-80.7 mi
Belvidere High School
809 Oxford Street, Belvidere, NJ 07823
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 253 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Price Reduced
$450,000
-9.82%
MLS
12/01/2025
Listed
$499,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Freeby Lai Real Estate

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253 Water St, Belvidere, NJ 07823 (MLS# 3999812) is a Retail property. 253 Water St is currently listed for $450,000 and was received on December 01, 2025. Want to learn more about 253 Water St? Do you have questions about finding other Retail real estate for sale in Belvidere? You can browse all Belvidere real estate or contact a Coldwell Banker agent to request more information.

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