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Bloomfield Mixed-Use Investment Opportunity
For Sale
Contact for pricing
Pending

7 Watsessing Ave, Bloomfield, NJ 07003

Mixed-use property in Bloomfield, New Jersey available for sale.

Property SizeContact for details
Days on Market182

Property Features for 7 Watsessing Ave

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Retail
Zoning B-2
Occupancy 100%

Building Details

Year Built 1913
Year Renovated 2024
Stories 2
Units 4
Tenancy Multi
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Damien Rance · License #2079011
Source: Crexi
Added: Feb 10 Changed: Aug 8 Last Checked: Jul 24 at 2:31PM

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 Marcus & Millichap - New Jersey

Investment Insights

Based on property information with market context.

The property at 7-9 Watsessing Avenue, Bloomfield, Essex County, New Jersey is available for sale. This property is classified as a mixed-use property, retail space, and residential income property.

Key Highlights

  • Located at 7‑9 Watsessing Avenue, Bloomfield, Essex County, New Jersey.
  • Exclusively presented by Marcus & Milichap.
  • Year Built: 1913

Property Analytics

Current Use

Mixed-use properties

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

1,807
Businesses Nearby
499k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 34% Dining 25% Shops & Services 20% Apparel 13%
Stop & Shop Groceries
69,475 visits/mo 0.1 miles
SuperFresh Food World Groceries
55,578 visits/mo 0.2 miles
Aldi Groceries
42,345 visits/mo 0.4 miles
Marshalls Apparel
40,281 visits/mo 0.0 miles
McDonald's Dining
39,865 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Bloomfield, New Jersey available for sale.
Where is this mixed-use property located?
The property is located at 7 Watsessing Ave Bloomfield, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Located at 7‑9 Watsessing Avenue, Bloomfield, Essex County, New Jersey.; Exclusively presented by Marcus & Milichap.; Year Built: 1913
(201) 742-6118 Call to check price and availability
More about this property
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