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Retail Investment in Bloomfield, NJ
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129-137 La France Avenue, Bloomfield, NJ 07003

Fully leased retail property in Bloomfield, NJ with diversified income.

Property Size6,000 SF
Lot Size0.14 Acres
Price / SF$150
Days on Market96

Property Features for 129-137 La France Avenue

General Information

Standard status Active
Size 6,000 SF
Class C
Lot size 0.14 Acres
Property subtype Retail
Zoning R-1B
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized
Net Operating Income $75,461

Building Details

Year Built 1929
Tenancy Multi
Listing Agency: KW Commercial
Listed By: Marcos Claudius, CCIM · License #1645747
Source: Crexi
Added: May 27 Changed: Aug 23 Last Checked: Aug 29 at 8:17AM

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 KW Commercial

Investment Insights

Based on property information with market context.

This multi-tenant retail investment property is located in Bloomfield, Essex County, New Jersey. The property is 100% occupied and situated on a 6,000 square foot parcel. It is fully leased to five neighborhood-serving retail tenants, providing immediate and diversified income for investors. The location benefits from its position within a dense residential trade area, which supports consistent tenant demand and long-term occupancy. The property's durable cash flow profile is enhanced by Bloomfield’s strong demographics, limited retail supply, and proximity to regional transportation corridors. Zoned R-1B, the site allows for continued stabilized retail operation or potential future redevelopment, pending zoning and municipal approvals. The small-bay tenant mix reduces exposure to single-tenant risk and provides flexibility for rent growth and lease rollover management. This property is suitable for investors seeking predictable cash flow, downside protection through tenant diversification, and long-term appreciation potential in Northern New Jersey.

Key Highlights

  • 100% Occupied Multi‑Tenant Retail Investment
  • Diversified Income from Five (5) Retail Tenants
  • Infill Location in Dense Residential Area

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Travel Agency Law Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,267
Businesses Nearby
227k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Shops & Services 27% Groceries 19% Office Supplies 15%
Aldi Groceries
42,345 visits/mo 0.4 miles
Staples Office Supplies
34,233 visits/mo 0.4 miles
Wendy's Dining
31,084 visits/mo 0.3 miles
Dollar Tree Shops & Services
22,883 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
19,399 visits/mo 0.4 miles

Demographics for 07003, NJ

52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,992
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail property in Bloomfield, NJ with diversified income.
Where is this strip mall located?
The property is located at 129-137 La France Avenue Bloomfield, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 100% Occupied Multi‑Tenant Retail Investment; Diversified Income from Five (5) Retail Tenants; Infill Location in Dense Residential Area
(973) 783-7400 Call to check price and availability
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