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    427 Bloomfield Ave Montclair, NJ 07042

    Sponsored
    For Lease
    $24 SF/Yr

    4,840 sq ft Office/Retail in Montclair, NJ

    Lot size:
    4,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning, renovated 4,840 square foot ground floor space in the historic Madison Building (1912, renovated 2016) offers a unique opportunity in vibrant downtown Montclair, NJ. Located at 427 Bloomfield Avenue, this single-tenant space boasts dual street access—a main entrance on Bloomfield Avenue and a rear entrance on Glenridge Avenue, providing excellent visibility. The interior features nine private offices, plus open workspace and cubicles, a kitchen, and two bathrooms. Convenient elevator access is available from the Bloomfield Avenue lobby, with a newly opened tenant-customizable entrance. Stair access is also available from the Glenridge Avenue entrance. This versatile space is perfect for a blend of office and retail uses. The building's prime location offers easy access to numerous restaurants, social clubs, and the Montclair Train Station, all within a short walk. While the building itself offers no dedicated parking, ample street parking and a nearby municipal garage provide convenient options. Monthly rent is $9,875. This is an exceptional opportunity to establish a prominent presence in Montclair's thriving downtown.

    Property Features for 427 Bloomfield Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,840 SF

    Unit(s) available at that property

    Space
    Size
    4,840 SF
    Rate per SF
    $24

    HighLights

    • 4,840 SF ground floor retail/office space in the Madison Building, Montclair, NJ.
    • Single‑tenant occupancy.
    • Features nine offices, cubicles, open floorplan, kitchen, and two bathrooms.
    • Convenient access to Bloomfield Ave and Glenridge Ave, with elevator and stair access.
    • $9,875/month rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Curtis White - Ameriprise ... Financial Planner Hillsong Church New ... Place Of Worship Saxum Real Estate Real Estate Developer Arlene Venet, LCSW Social Worker BOOMCHIA Health Food Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.216856064995
    Latitude
    40.813328110313

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    FAQs

    What type of property is this?
    Office space - 4,840 sq ft Office/Retail in Montclair, NJ
    Where is this office space located?
    The property is located at 427 Bloomfield Ave Montclair, NJ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 4,840 SF ground floor retail/office space in the Madison Building, Montclair, NJ.; Single-tenant occupancy.; Features nine offices, cubicles, open floorplan, kitchen, and two bathrooms.
    Request Owner's contact information
    427 Bloomfield Ave Montclair, NJ 07042
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    Montclair, NJ 07042
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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
    427 Bloomfield Ave Montclair, NJ 07042
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