Building Details

Year Built 1870

Year Renovated 2000

Tenancy Single

Listing Agency: COLDWELL BANKER REALTY L***@cbmoves.com Show Phone

Listed By: LYNNE MORTIMER Show Phone

Source: Xome

Added: Sep 12, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:42AM

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Investment Insights

Based on property information with market context.

This freestanding live-work property at 820 Bloomfield Ave includes a large display room, kitchen, powder room, and storage area. The building was expanded and renovated in 2000, and the commercial space is vacant for immediate occupancy. Central Air is included, with an upstairs residential component and a separate parking allocation.

The corner property occupies a 0.277-acre triangular parcel measuring 257X93 and provides six parking spaces for the store plus one for the upstairs residential tenant. Additional off-street parking is available on Bloomfield Ave and Pine Street. The property is located in West Caldwell, bordering Essex Fells and the Caldwells, with Verona’s new affordable housing rentals adjacent to the site.

Key Highlights

• Expanded and renovated in 2000
• Large display room with kitchen, powder room, and storage area
• 0.277‑acre triangular corner parcel measuring 257X93

Property Analytics

Property Profile

Current Use

Citizens ATM Atm Citizens Financial Advisor

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical Service

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

Lease Details

Single-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

797

Businesses Nearby

Explore this area Business Placement

Demographics for 07006, NJ

26,733

Population

10,183

Households

2.6

Avg Household Size

42

Median Age

65%

College-Educated

96%

High-School Grad

9.3 sq mi

ZIP Area

2,875

Density / Sq Mi

$148,645

Median Household Income

$74,342

Median Earnings

$1,973

Median Rent

$667,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Live-work space - Vacant commercial space combines retail presentation, office functionality, and an upstairs residential component in a freestanding corner property.

Where is this live-work space located?

The property is located at 820 BLOOMFIELD AVE West Caldwell, NJ.

What are key features of this property?

This property features: Expanded and renovated in 2000; Large display room with kitchen, powder room, and storage area; 0.277‑acre triangular corner parcel measuring 257X93