Medical Counseling Office
860 Bloomfield Ave West Caldwell, NJ 07006
860 Bloomfield Ave, West Caldwell, NJ, 07006
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For Sale
Contact for pricing
Purpose-built mental health counseling center with reception, 17 offices, group rooms, and ADA-compliant bathrooms.
Property Size5,700 SF
Price / SF$219.30
Days on Market153
Property Features for 860 Bloomfield Ave
General Information
- Standard status
- Active
- Size
- 5,700 SF
- Property subtype
- OFFICE
Listing agency
The Blau & Berg Company
(973) 464-4341
Listed by
Dylan P. Meade · License #2082622
(973) 464-4341
Source
Moodyscre
Added: Feb 18 Updated: Jul 20 at 11:47PM Checked: Jul 21 at 8:51AM
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 The Blau & Berg Company
Investment Insights
Based on property information with market context.
This medical counseling office building is currently configured as a mental health and substance use disorder counseling center. The interior includes a reception area, 17 offices, a kitchen, and two large group rooms. Soundproof walls support client privacy, and ADA-compliant bathrooms are in place throughout.
The building is approximately 5,700 square feet and includes on-site parking. HVAC is reported to be about two years old. The property is zoned B-3 General Business.
Set on about 0.54 acres (Block 2100, Lot 8), the offering is well suited for professional office uses needing multiple consultation rooms and group meeting space.
The building is approximately 5,700 square feet and includes on-site parking. HVAC is reported to be about two years old. The property is zoned B-3 General Business.
Set on about 0.54 acres (Block 2100, Lot 8), the offering is well suited for professional office uses needing multiple consultation rooms and group meeting space.
Key Highlights
- ±5,700 SF purpose‑built mental health and substance use disorder counseling center
- Layout includes a reception area, 17 offices, kitchen, and 2 large group rooms
- Soundproof walls and ADA‑compliant bathrooms throughout
Local Financial Insights For Office B
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 | $171.0k | $30.00 |
| − Vacancy | −$54.7k | −$9.60 |
| EGI | $116.3k | $20.40 |
| − OpEx | −$29.1k | −$5.10 |
| NOI | $87.2k | $15.30 |
5,700 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.09M – $1.45M
NOI $87,210 @ 7.0% cap · market cap 6.98%
Second Best
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,871 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,187 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Bridge - Center for Wellbeing
Charitable Organization
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FAQs
What type of property is this?
Medical Office Space - Purpose-built mental health counseling center with reception, 17 offices, group rooms, and ADA-compliant bathrooms.
Where is this medical office space located?
The property is located at 860 Bloomfield Ave West Caldwell, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: ±5,700 SF purpose‑built mental health and substance use disorder counseling center; Layout includes a reception area, 17 offices, kitchen, and 2 large group rooms; Soundproof walls and ADA‑compliant bathrooms throughout
