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    335 Bloomfield Ave Newark, NJ 07107

    For Sale
    Contact for pricing

    Prime 0.23-acre lot, ideal for development.

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.23-acre commercial land parcel, located at 335 Bloomfield Avenue in Newark, New Jersey, presents a unique investment opportunity. Situated in Essex County, with a convenient 07107 zip code, this property boasts a sizable 9,500 square feet and is zoned for commercial development. Its prime location on Bloomfield Avenue offers excellent visibility and accessibility, making it an attractive site for a variety of commercial ventures. The property's flat topography simplifies development plans, minimizing potential site preparation costs. The address is easily accessible from major roadways, ensuring convenient access for both employees and customers. This location within Newark provides access to a robust workforce and a substantial consumer base. The 0.23-acre lot size offers ample space for a variety of development projects, from smaller retail spaces to larger-scale commercial buildings. This is a rare opportunity to acquire a well-situated commercial land parcel in a thriving New Jersey market. Serious inquiries are encouraged to explore the potential of this exceptional property. The property's coordinates are 40.766389 latitude and -74.1802812 longitude.

    Property Features for 335 Bloomfield Ave

    General Information

    Property type
    Land
    Square Feet
    9,500 SF
    Lot Size
    10,019 SF

    HighLights

    • 0.23‑acre commercial land parcel in Newark, NJ.
    • 9,500 square feet of commercially zoned land.
    • Located at 335 Bloomfield Ave, Newark, NJ 07107 in Essex County.
    • Suitable for retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1802812
    Latitude
    40.766389

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    FAQs

    What type of property is this?
    Land - Prime 0.23-acre lot, ideal for development.
    Where is this land located?
    The property is located at 335 Bloomfield Ave Newark, NJ.
    What are key features of this property?
    This property features: 0.23-acre commercial land parcel in Newark, NJ.; 9,500 square feet of commercially zoned land.; Located at 335 Bloomfield Ave, Newark, NJ 07107 in Essex County.
    (973) 379-6644
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    Newark, NJ 07107
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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
    335 Bloomfield Ave Newark, NJ 07107
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