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Property profile & analytics
OFF-MARKET
Commercial real estate

543 Bloomfield Ave Bloomfield, NJ 07003-3301

1,116 SF 0.05 ac lot Built 1938
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US59-2665571
Property summary
AI-generated overview

This exceptional commercial property, located at 543 Bloomfield Avenue in Bloomfield, New Jersey, presents a compelling investment opportunity. The property is classified as "Other," indicating a versatile space suitable for a range of commercial uses. Priced at $899,000, this offering represents significant potential for growth and return. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact but potentially highly valuable location. The address, 543 Bloomfield Avenue, places the property in a well-established area of Bloomfield, offering convenient access to local amenities, transportation routes, and a thriving community. Further due diligence is recommended to determine the precise zoning regulations and permitted uses for this property. Interested parties are encouraged to conduct thorough inspections and research to fully assess the property's potential and suitability for their specific business needs. The absence of specified square footage underscores the need for a comprehensive site visit and appraisal to accurately determine the property's dimensions and overall value. This unique offering presents a chance to acquire a strategically located commercial property in a desirable New Jersey town. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1938
Total area 1,116 SF
Lot 0.05 ac (2,078 SF)
Zoning code BCR2
APN 02 00311-0000-00006
UPID US59-2665571
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cousins Pizza & Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gino Gencarelli · 20 yrs held
Gino Gencarelli
since 2006
1 recorded transaction
2006
$130,000
Zoning & alternative use
BCR2 · Bloomfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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