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Property profile

554 Bloomfield Ave Bloomfield, NJ 07003

OFF-MARKET
Office buildings
Property ID
US59-1456010
23,840 SF 0.14 ac lot Built 1952
Last sale Apr 2025 · $2,060,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This four-story, 19,400 square foot office building at 554 Bloomfield Avenue in Bloomfield, NJ, presents a compelling investment opportunity. The property, built in 1961 and situated on a 0.14-acre lot, is a mixed-use building with six tenants and boasts a 97.65% occupancy rate. The ground floor features retail space, while floors two through four house office spaces. Benefit from below-market rents, offering significant upside potential. The building enjoys a prime downtown location, just…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$46k
Tax billed · 2022
Assessed value · 2023$1.37M
Assessed land$210k
Assessed improvement$1.16M
Effective rate3.39%

Value estimate

· Nov 2026
$3.10M
$2.79M – $3.41M
AI approach$3.37M
Submarket $/SF estimate$3.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$253/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$191 – $335

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BCR2
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.8
Carpet & Flooring Store9.3
Tech Support Center9.3

Location

554 Bloomfield Ave Bloomfield, NJ 07003-3307
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
230 Broad, Bloomfield, NJ 07003-7607 $1,300,000 Dec 2023 5,376 SF
1029 Broad, Bloomfield, NJ 07003-2890 $1,484,500 Mar 2023 4,799 SF
98 Broad, Bloomfield, NJ 07003-2520 $1,100,000 Jul 2022 5,899 SF
623 Bloomfield, Bloomfield, NJ 07003-2502 $505,000 Feb 2022 4,816 SF
51-55 Passaic, Bloomfield, NJ 07003-4502 $779,000 Jun 2021 5,122 SF
1285 Broad, Bloomfield, NJ 07003-3045 $715,000 May 2021 10,010 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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