1221 Bloomfield Ave Fairfield, NJ 07004
Strategically located commercial property in a desirable Northern New Jersey corridor.
- Added:
- May 19, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 24 at 4:52 pm
Property Features for 1221 Bloomfield Ave
General Information
- Standard status
- Active
- Size
- 9,271 SF
- Lot size
- 1.80 Acres
- Property subtype
- Land, Industrial, Retail
Building Details
- Year Built
- 1996
Listing office Marcus & Millichap - New Jersey
Listing date May 19, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
Key Highlights
- Strategically located in the heart of Fairfield, a supply‑constrained and highly desirable Northern New Jersey business market.
- Immediate access to Route 46, Interstate 80, and Route 23, providing exceptional regional connectivity.
- Flexible potential for a variety of commercial uses.
Local Financial Insights For Retail
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 | $200.3k | $21.60 |
| − Vacancy | −$11.2k | −$1.21 |
| EGI | $189.0k | $20.39 |
| − OpEx | −$56.7k | −$6.12 |
| NOI | $132.3k | $14.27 |
