1213 &1221 Bloomfield Ave West Caldwell, NJ 07006
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.