Property summary
This exceptional mixed-use property, located at 402-406 Bloomfield Avenue in Bloomfield, NJ, presents a lucrative investment opportunity. The two-story building encompasses a total of 4,885 square feet on a 0.21-acre lot and boasts nine units: three one-bedroom apartments, three two-bedroom apartments, and three street-level retail spaces. The property has undergone a complete and extensive renovation, including a brand new roof and siding, updated stonework, and a comprehensive interior… overhaul. All apartments feature new windows and doors, tile flooring, bathtubs, vanities, kitchen cabinets, stoves, and baseboard heaters. Modernizations extend to the common areas as well. Further enhancing efficiency, two new water tanks (75 and 80 gallons) have been installed. Each unit is separately metered for electricity and heat, with tenants responsible for these utilities. The owner covers hot and cold water expenses. This prime location offers unparalleled convenience, situated just steps from NYC transportation options, a vibrant array of shopping and dining establishments, and provides easy access to both the north and south sections of the Garden State Parkway. The property currently offers a 6.3% cap rate, making it an attractive investment with strong potential for future growth. This is a turnkey opportunity for an astute investor seeking a well-maintained, high-yield property in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 42 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,966 SF
- Lot area
- 0.21 ac
- Year built
- 1890
- Stories
- 3
- APN
- 02 00104-0000-00031
- Zoning
- CBD
- Assessed value · 2023
- $1,000,000
- Annual tax · 2022
- $51,503
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
R-2B Zone - Residential, two-family, forty-foot frontage. (5) R-G Zone - Garden apartment. (6) R-T Zone - Residential townhouse. (7) R-H Zone - Residential, high-rise apartment. (8) B-2 Zone - Neighborhood business. (9)…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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