25 Franklin St, Belleville, NJ, 07109
About This Home
Off Market Mixed Use Income Property Rare opportunity to own a versatile mixed use building in the Silver Lake section of Belleville. This property combines two residential apartments with two long term commercial tenants - a commercial bakery and an auto repair shop - creating a stable, diversified income stream. Perfect for investors seeking reliable returns or owner occupants looking to live and earn in one location. 2 residential apartments: 2nd Floor - 2 beds, 1 bath & 3rd Floor – 3 beds, 1 bath 1 bakery 1 auto repair shop Annual gross rent (2025): $69,480 Annual expenses (utilities, taxes, maintenance): $36,209 Net operating income (NOI): $33,271 Cap Rate: 3.2% Stable tenancy: - Both commercial tenants are long-standing and have and excellent payment history - Residential units have been consistently occupied for several years by the same tenants - All 4 are month-to-month Utilities: - Each commercial unit has separate utilities, except water - Each apartment has own electric Residential Units: While currently functional with good layouts, the units offer update potential, ideal for buyers who want to modernize and increase rental value. Priced to allow for buyer updates. Commercial Spaces: Bakery: Rented by a wholesale bakery. Storefront not currently opened Auto repair shop: Established business; tenant has occupied for 40+ years Ideally, all tenants would remain in-place with next owner. Investment Appeal: Diversified income: Residential + commercial mix reduces vacancy risk Prime location: Easy access to transit to NYC, major highways and Belleville’s business corridor Value add potential: Apartment renovations could raise rents Contact For monthly rent breakdown, expense sheets, or to schedule a showing, call Joe @ 973.727.4282. Calls only. No texts. If no response via phone in 24 hours, please email joeluongo1948@gmail.com
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1912
Type & Style
- Home type: Unknown
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total interior livable area: 3,795 sqft
Property
Lot
- Lot size: 5,650 sqft
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
- Inland Flooding
- Heat Wave
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,253 | $63,036 |
| Home Insurance * | $311 | $3,732 |
| Property Taxes | $1,818 | $21,816 |
| Electricity | $418 | $5,020 |
| Total | $7,800 | $93,600 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $1,039,000 |
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