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    266 Bloomfield Ave Bloomfield, NJ 07003

    Sponsored
    For Sale
    Contact for pricing

    High-visibility office/retail space available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 266 Bloomfield Avenue, Unit 266, in Bloomfield, NJ, offers a substantial 1500 square feet of versatile office/retail space. The unit boasts high visibility, making it ideal for businesses seeking strong street presence. Currently configured as an office, the space is adaptable to various uses. A significant advantage is the absence of common area maintenance (CAM) charges, offering predictable and cost-effective operation. Additional basement storage is available at an extra cost, providing valuable supplementary space. While on-site parking is not included with the unit, the township is actively developing plans to incorporate municipal parking in the immediate vicinity as part of a new town plan. It's important to note that the addition of this parking is subject to potential changes. The asking price for this prime commercial space is $3,500. This presents a compelling opportunity for businesses seeking a well-located, cost-effective, and highly visible presence in the thriving Bloomfield market. Inquire today to learn more about this exceptional property and its potential.

    Property Features for 266 Bloomfield Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1941
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.19236
    Latitude
    40.7835

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility office/retail space available.
    Where is this commercial real estate located?
    The property is located at 266 Bloomfield Ave Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $3,500.
    (973) 226-1218
    Request Owner's contact information
    266 Bloomfield Ave Bloomfield, NJ 07003
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    Bloomfield, NJ 07003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    266 Bloomfield Ave Bloomfield, NJ 07003
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