Medical Office
For Sale
$165,000
75 Bloomfield Ave #106, Denville, NJ 07834
A commercial-zoned suite offers a compact layout configured for clinical operations.
Property Size950 SF
Price / SF$173.68
Days on Market67
Property Features for 75 Bloomfield Ave #106
General Information
Standard status
Active
Size
950 SF
Property subtype
Commercial
Zoning
commercial
Building Details
Building Size
950 SF
Year Built
1978
Stories
3
Units
1
Listing Agency:
Coldwell Banker Realty
(908) 879-4900
Listed By:
John Negri · License #NJ 1004002
(973) 865-3456
Source:
Cammarotarealestate
Added: Aug 18
Changed: Oct 22
Last Checked: Oct 22 at 2:32PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 950-square-foot medical office suite is arranged with three exam rooms, a private office, and a reception area. The property is described as move-in condition and is currently used as a medical office.
Built in 1978, the suite is located at 75 Bloomfield Ave, Suite 106, in Denville Township, New Jersey. Commercial zoning is noted for the property.
Built in 1978, the suite is located at 75 Bloomfield Ave, Suite 106, in Denville Township, New Jersey. Commercial zoning is noted for the property.
Key Highlights
- 950‑square‑foot medical office suite
- Three exam rooms, a private office, and a reception area
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,535
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,700
$290.7K
Cap Rate 7%
$207,643
$207.6K
Cap Rate 9%
$161,500
$161.5K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$28.5K $30.00/SF
− Vacancy
−$9.1K −$9.60/SF
EGI
$19.4K $20.40/SF
− OpEx
−$4.8K −$5.10/SF
NOI
$14.5K $15.30/SF
Area
Morris County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,700
Cap Rate 7%
$207,643
Cap Rate 9%
$161,500
Alternative Uses
Best Use
Office B
$207.6K
$181.7K – $242.3K
NOI $14,535 @ 7.0% cap · market cap 8.81%
Second Best
Healthcare Medical
$202.1K
$176.8K – $235.8K
NOI $14,145 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$248.1K
$217.1K – $289.4K
NOI $17,364 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 07834, NJ
17,966
Population
7,122
Households
2.5
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
1,549
Density / Sq Mi
$162,644
Median Household Income
$76,968
Median Earnings
$1,707
Median Rent
$552,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Slade Kim DVM — Mountain Lakes, NJ 07046
- All Creatures Great and Small Animal Hospital and Urgent Care — 89 Diamond Spring Rd, Denville, NJ 07834
Frequently Asked Questions
What type of property is this?
Medical Office Space - A commercial-zoned suite offers a compact layout configured for clinical operations.
Where is this medical office space located?
The property is located at 75 Bloomfield Ave #106 Denville, NJ.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 950‑square‑foot medical office suite; Three exam rooms, a private office, and a reception area; Commercial zoning
