One-Story Retail
403 BROAD ST Unit 403 Bloomfield, NJ 07003
For Sale
$395,000
One-story retail building offering flexible commercial space with visibility to foot and vehicle traffic.
Property Size1,250 SF
Price / SF$316
Days on Market204
Property Features for 403 BROAD ST Unit 403
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1906
Listing Agency:
CENTURY 21 A.G. REALTY GROUP
(973) 928-3330
Listed By:
ALEXIS GUILLIANI
Source:
Xome
Added: Dec 31, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:49AM
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 CENTURY 21 A.G. REALTY GROUP
Investment Insights
Based on property information with market context.
One-story retail building with approximately 1,250 square feet of flexible commercial space. The property is configured to support a variety of retail uses, making it suitable for tenants seeking an established storefront setting.
Located at 403 Broad St Unit 403 in Bloomfield, NJ, the building is positioned along a highly active passage with visibility to both foot and vehicle traffic. Public transportation is described as being immediately outside the property, and the location also provides easy access to the Garden State Parkway.
Situated in a mixed residential and commercial neighborhood, this area is described as having strong local character with daily destinations and small businesses, supported by residential density and active pedestrian activity.
Located at 403 Broad St Unit 403 in Bloomfield, NJ, the building is positioned along a highly active passage with visibility to both foot and vehicle traffic. Public transportation is described as being immediately outside the property, and the location also provides easy access to the Garden State Parkway.
Situated in a mixed residential and commercial neighborhood, this area is described as having strong local character with daily destinations and small businesses, supported by residential density and active pedestrian activity.
Key Highlights
- One‑story retail building with approximately 1,250 sq ft of flexible commercial space
- Flat roof; central air cooling; heating listed as 3
- Broad Street location in the Central Business District
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 | $27.0k | $21.60 |
| − Vacancy | −$1.5k | −$1.21 |
| EGI | $25.5k | $20.39 |
| − OpEx | −$7.6k | −$6.12 |
| NOI | $17.8k | $14.27 |
1,250 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$254.9K
$223.0K – $297.4K
NOI $17,842 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.4K
$285.6K – $380.8K
NOI $22,848 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shooting Star Dance ...
Training Center
Similar Off Market Nearby
- Brookside Garden Center — 551 Broad St, Bloomfield, NJ 07003
- Eloise's Garden — 279 Ridgewood Ave, Glen Ridge, NJ 07028
- LUSH FLEURISTE — 69 E Passaic Ave, Bloomfield, NJ 07003
FAQs
What type of property is this?
Storefront property - One-story retail building offering flexible commercial space with visibility to foot and vehicle traffic.
Where is this storefront property located?
The property is located at 403 BROAD ST Unit 403 Bloomfield, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: One‑story retail building with approximately 1,250 sq ft of flexible commercial space; Flat roof; central air cooling; heating listed as 3; Broad Street location in the Central Business District
