522 Bloomfield Ave, Verona, NJ 07044
MixedUse - Verona Twp., NJ
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 522 Bloomfield Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 8
- Standard status
- Active
- Size
- 5,360 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20268
Utilities
- Heating system
- See Remarks (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1912
- Number of units
- 6
- Roof type
- Flat
- Architectural style
- Other
Listing agent Roman Drukarov (973) 454-3218
Listing office BHHS Fox & Roach Livingston Sales Office 79 South Livingston Avenue, NJ (973) 992-6363
Listing date Jun 11, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building with 3 retail spaces on Bloomfield Ave and 2 apartments on the 2nd floor
- Includes a 1,600 SF rear retail space currently used for manufacturing
- Located at a 4‑way signalized intersection directly across from Verona Park
- Central air cooling; flat roof; year built 1912
- Town Center–Mixed Use zoning allows a wide variety of future tenants with turnover
Overview
The property is positioned in the heart of downtown Verona at a 4-way signalized intersection. It sits directly across from Verona Park, providing a prominent setting for ground-floor tenant activity and convenient access from multiple directions.
The Town Center-Mixed Use zoning supports a wide variety of future tenant types when space becomes available, which can be useful for owners looking to match retail and service uses over time. For operators, the combination of storefront frontage and upper-level apartment units may support a tenant mix that serves both neighborhood foot traffic and local residents.
Local Financial Insights For Apartment 5plus
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 | $160.8k | $30.00 |
| − Vacancy | −$10.9k | −$2.04 |
| EGI | $149.9k | $27.96 |
| − OpEx | −$67.4k | −$12.58 |
| NOI | $82.4k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Verona
- County
- Essex
- State
- New Jersey
- Longitude
- -74.244204
- Latitude
- 40.831294
