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    1213 &1221 Bloomfield Ave West Caldwell, NJ 07006

    For Sale
    $4,250,000

    Prime NJ Warehouse, 9,271 SF

    Property size:
    9,271 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity encompasses two parcels totaling approximately four acres on Bloomfield Avenue in West Caldwell, New Jersey. The property includes a 9,271 square foot retail/industrial warehouse building situated on approximately 1.8 acres (Block 303, Lot 14). This building boasts approximately 175 feet of frontage on Bloomfield Avenue, offering significant potential for commercial parking. The warehouse is zoned Commercial and carries an annual tax assessment of $25,804.65 (2022). In addition, a separate 2.2-acre vacant land parcel (Block 1600, Lot 1) is included in the sale. This parcel includes 13 acres of banked wetlands and is zoned B-3, with a 2022 tax assessment of $9,552.85. The combined property presents a unique opportunity for redevelopment, expansion, or continued use as a thriving commercial enterprise. The location provides excellent visibility and accessibility, making it an attractive investment in a desirable New Jersey market. The asking price for this combined property is $4,250,000. The property is located at 1213 & 1221 Bloomfield Avenue, North Caldwell, NJ 07006.

    Property Features for 1213 &1221 Bloomfield Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    9,271 SF
    Lot Size
    174,240 SF

    HighLights

    • 1213 Bloomfield Avenue: 2.2‑acre vacant land parcel, including 13 acres of banked wetlands, B‑3 zoning, Block 1600, Lot 1, 2022 taxes: $9,552.85
    • 1221 Bloomfield Avenue: 9,271 SF retail/industrial building on a 1.8‑acre lot, Block 303, Lot 14, 175 feet of Bloomfield Avenue frontage, ample commercial parking potential, commercially zoned, 2022 taxes: $25,804.65
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    West Caldwell
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2824862
    Latitude
    40.8515243

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    FAQs

    What type of property is this?
    Distribution property - Prime NJ Warehouse, 9,271 SF
    Where is this distribution property located?
    The property is located at 1213 &1221 Bloomfield Ave West Caldwell, NJ.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: 1213 Bloomfield Avenue: 2.2-acre vacant land parcel, including 13 acres of banked wetlands, B-3 zoning, Block 1600, Lot 1, 2022 taxes: $9,552.85; 1221 Bloomfield Avenue: 9,271 SF retail/industrial building on a 1.8-acre lot, Block 303, Lot 14, 175 feet of Bloomfield Avenue frontage, ample commercial parking potential, commercially zoned, 2022 taxes: $25,804.65;
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1213 &1221 Bloomfield Ave West Caldwell, NJ 07006
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