591 Bloomfield Ave Bloomfield, NJ 07003

Building Details

Year Built

1940

Listing agency Keller Williams Prosperity Realty s***@anenrealestate.com Show Phone

Listed by SHAWN ANEN · License #0342963

Source Elliman

Added: Mar 10 Updated: Jul 6 at 10:54AM Checked: Jul 21 at 5:28AM

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Investment Insights

Based on property information with market context.

This property offers a redevelopment opportunity with an existing 3-year lease, providing cash flow while the buyer obtains plans and permits for redevelopment. The property is located in Bloomfield, which is undergoing significant redevelopment. Prospective buyers are responsible for conducting their own due diligence with the town regarding zoning and permits, and are encouraged to consult Bloomfield's town website for relevant information. Showings are available during business hours.

Key Highlights

• Cashflow from existing 3‑year lease during redevelopment planning.
• Opportunity for redevelopment in Bloomfield.
• Bloomfield is undergoing massive redevelopment.

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FAQs

What type of property is this?

Residential income property - Redevelopment opportunity with existing cashflow in Bloomfield.

Where is this residential income property located?

The property is located at 591 Bloomfield Ave Bloomfield, NJ.

What is the asking price?

The asking price for this property is $799,995.

What are key features of this property?

This property features: Cashflow from existing 3‑year lease during redevelopment planning.; Opportunity for redevelopment in Bloomfield.; Bloomfield is undergoing massive redevelopment.