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Mixed-Use Property with Redevelopment Approvals
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59 Dodd Street, Bloomfield, NJ 07003

Former bank building approved for 17 apartments and 2 retail stores.

Property SizeContact for details
Days on Market144

Property Features for 59 Dodd Street

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Listing Agency: Sitar Realty Company Iselin
Listed By: Leslie Wulach · License #NJ 1006551
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 10:36PM

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 Sitar Realty Company Iselin

Investment Insights

Based on property information with market context.

This 1.5-story former bank building is positioned for mixed-use redevelopment, with approvals in place for 17 apartments and 2 retail stores. The planned program encompasses approximately 15,000 SF across residential and retail components.

The property is located at 59 Dodd Street in Bloomfield, New Jersey, providing a defined redevelopment concept within an existing commercial building. The approved apartment and storefront configuration supports a combination of residential and retail uses.

Key Highlights

  • Approved redevelopment plan for 17 apartments and 2 retail stores
  • Approximately 15,000 SF of planned mixed‑use space
  • Existing 1.5‑story former bank building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Tech Support Center Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon

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

1,103
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former bank building approved for 17 apartments and 2 retail stores.
Where is this mixed-use property located?
The property is located at 59 Dodd Street Bloomfield, NJ.
What are key features of this property?
This property features: Approved redevelopment plan for 17 apartments and 2 retail stores; Approximately 15,000 SF of planned mixed‑use space; Existing 1.5‑story former bank building
More about this property
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