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431 Washington Ave, Belleville, NJ, 07109

--beds
--baths
--sqft
$1,100,000
--price/sqft
$8,009/moest. monthly cost
$320,360/yrincome needed

About This Home

Real Estate with Medical Practice for Sale. Ideal for Medical professionals or Practice can inherit EMR. Current Doctor/Owner retiring after 45 years of serving at the same location. All the equipment and Furniture/Fixtures will be included. Located at 431 Washington Ave offers a well-maintained mixed-use opportunity combining residential and commercial potential in a convenient location near shopping, dining, major highways, and public transportation. Completely renovated in 2011, this property features updated systems and modern improvements designed for functionality and long-term value. The commercial space offers flexible use options with strong visibility along Washington Avenue, making it suitable for a variety of permitted business uses. The residential portion provides comfortable living space with updated finishes, spacious rooms, and abundant natural light. Improvements completed during the renovation include updated flooring, fixtures, mechanical systems, and interior finishes. Additional features may include separate utilities, ample storage, and off-street parking, adding convenience for occupants and tenants alike. Situated near parks, schools, houses of worship, and commuter routes with access to Newark and New York City, this property presents an excellent opportunity for owner-users, investors, or business owners seeking a versatile mixed-use building in a desirable location.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

7/10
Belleville PS9Grades K-60.4 mi
3/10
Belleville Middle SchoolGrades 7-80.4 mi
2/10
Belleville Sr High SchoolGrades 9-120.8 mi

Construction

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Property

Details

  • Parcel number: 0107902000000022

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$329$3,948
Property Taxes $1,925$23,100
Electricity $193$2,318
Total$8,009$96,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$274,594/yr
40% on housing$240,270/yr
45% on housing$213,573/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07109$303
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07109$378
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Price change$950,000
2026-05-21Listed for sale$1,100,000

For Sale by Agent

AgentRaymond Thomas
BrokerageEXP Realty, LLC

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