Verona Twp. Verona, NJ 07044
SINGLE_FAMILY - Verona Twp., NJ
- Added:
- Jun 11, 2026
- Days on Market:
- 30
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features for Verona Twp.
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
- Size
- 5,360 SF
Building Details
- Year built
- 1912
Listing agent Roman Drukarov (973) 454-3218
Listing office BHHS Fox & Roach Livingston Sales Office NJ (973) 992-6363
Listing date Jun 11, 2026
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Investment Insights
Based on property information with market context.
The property is positioned in the heart of downtown Verona at a 4-way signalized intersection. It sits directly across from Verona Park, providing a prominent setting for ground-floor tenant activity and convenient access from multiple directions.
The Town Center-Mixed Use zoning supports a wide variety of future tenant types when space becomes available, which can be useful for owners looking to match retail and service uses over time. For operators, the combination of storefront frontage and upper-level apartment units may support a tenant mix that serves both neighborhood foot traffic and local residents.
Key Highlights
- Mixed‑use building with 3 retail spaces on Bloomfield Ave and 2 apartments on the 2nd floor
- Includes a 1,600 SF rear retail space currently used for manufacturing
- Located at a 4‑way signalized intersection directly across from Verona Park
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.8k | $30.00 |
| − Vacancy | −$10.9k | −$2.04 |
| EGI | $149.9k | $27.96 |
| − OpEx | −$67.4k | −$12.58 |
| NOI | $82.4k | $15.38 |
