Listing Agency: RIPCO Real Estate n***@ripcony.com Show Phone

Listed By: Nina Santos Becker · License #13245602

Source: Ripcony

Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 3:52AM

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Investment Insights

Based on property information with market context.

This conventional restaurant property offers 6,000 square feet of space at 490 Bloomfield Avenue in Montclair, New Jersey. The property is available for rent and is positioned for restaurant use.

Key Highlights

• 6,000 square feet of restaurant space
• Located at 490 Bloomfield Avenue in Montclair, NJ
• Available for rent

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Storage Facility Florist

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

NNN (Triple Net)

Lease Type

$10.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,948

Businesses Nearby

10k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

TD Bank Shops & Services

8,336 visits/mo 0.3 miles

Firestone Complete Auto Care Shops & Services

1,555 visits/mo 0.3 miles

Demographics for 07042, NJ

27,384

Population

11,682

Households

2.3

Avg Household Size

39

Median Age

67%

College-Educated

96%

High-School Grad

3.8 sq mi

ZIP Area

7,206

Density / Sq Mi

$127,083

Median Household Income

$75,856

Median Earnings

$2,017

Median Rent

$733,100

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant space is available for lease in Montclair, New Jersey.

Where is this conventional restaurant located?

The property is located at 490 Bloomfield Avenue Montclair, NJ.

What is the lease rate?

The lease rate is $70 SF/Yr.

What are key features of this property?

This property features: 6,000 square feet of restaurant space; Located at 490 Bloomfield Avenue in Montclair, NJ; Available for rent