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    188 Bloomfield Ave Montclair, NJ 07042

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    For Sale
    $1,100,000

    Three retail storefronts in high-traffic Newark location.

    Lot size:
    0.12 Acres

    Property Features for 188 Bloomfield Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1940

    Source: WEICHERT REALTORS Agent LASANDA SHEPPY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Storefronts For Sale

    Three retail storefronts are available for purchase in Newark, New Jersey. Situated in a high-traffic area, the properties offer excellent visibility. The versatile retail spaces are suitable for various businesses, including boutiques, restaurants, salons, specialty shops, or professional services.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Flora Moon, Eloise's Garden, Rosaspina

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2119042
    Latitude
    40.808814

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    FAQs

    What type of property is this?
    Storefront property - Three retail storefronts in high-traffic Newark location.
    Where is this storefront property located?
    The property is located at 188 Bloomfield Ave Montclair, NJ.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Three prime retail storefronts in a single offering.; - Located in the heart of Newark, NJ.; - High-traffic area ensures excellent visibility.
    (973) 746-1515
    Request Owner's contact information
    188 Bloomfield Ave Montclair, NJ 07042
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    Montclair, NJ 07042
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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
    188 Bloomfield Ave Montclair, NJ 07042
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