Property profile

427 Bloomfield Ave Montclair, NJ 07042

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Church Mosque
  • Construction Company General Contractor
  • Foster Care Service Social Service Agency
  • Restaurant

Location

427 Bloomfield Ave Montclair, NJ 07042
Montclair metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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