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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

875-975 Bloomfield Ave West Caldwell, NJ 07006

189,773 SF 18.59 ac lot Built 1970
Property ID
Property summary
AI-generated overview

Essex Mall, located at 875-975 Bloomfield Ave, West Caldwell, NJ 07006, presents a compelling investment opportunity. This 189,773 square foot, Class C shopping center boasts a prime location in Essex County, New Jersey, with exceptional visibility and accessibility. The property features two buildings, each single-story, totaling 20 suites. Currently, there are approximately 6,000 square feet of vacant space available, with two spaces ranging from 3,000 to 3,200 square feet each. Built in 1970, the center benefits from ample parking with 977 spaces and is conveniently situated on 18.59 acres of land. The property enjoys high traffic counts, exceeding 32,000 vehicles daily, due to its strategic location and six points of ingress/egress, including a signalized intersection on Bloomfield Avenue, Clinton Road, and Kirkpatrick Lane. The strong tenant mix includes established national brands such as Stop & Shop, Marshalls, PNC Bank, and others, ensuring a stable and attractive investment. This grocery-anchored center offers significant potential for growth and return on investment. The property's size, location, and existing tenant base make it an ideal acquisition for investors seeking a well-established retail asset in a thriving market. No elevators are present on the property.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 189,773 SF
Lot 18.59 ac (809,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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