Financial
Distress signals
Property profile

599 Bloomfield Ave Verona, NJ 07044

OFF-MARKET
Other commercial real estate
Property ID
US59-1332374
3,666 SF 0.28 ac lot Built 1972
Last sale Mar 2024 · $1,355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space totaling 3,666 square feet, located on Bloomfield Avenue in downtown Verona, New Jersey. It is positioned directly across from the Township Municipal Center, Public Library, Police Department, and HB Whitehorne Middle School, and is within a short drive of downtown Montclair to the east and Caldwell University to the west. The deed includes a restriction on financial service use for a limited period, limiting eligible retail or service categories during that time.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$49k
Tax billed · 2022
Assessed value · 2023$1.63M
Assessed land$817k
Assessed improvement$818k
Effective rate2.99%

Value estimate

· Sep 2026
$1.36M
$1.22M – $1.49M
AI approach$1.36M
Sales comparison$1.66M

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$352/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$223 – $452
Qualifying comparables30

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?
CBD
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 agency24.3
Restaurant18.2
Parking Facility16.2

Location

599 Bloomfield Ave Verona, NJ 07044-1818
County assessor Recorded deeds · 1 transfer 30 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36 Park, Verona, NJ 07044-2440 $1,150,000 Feb 2025 3,150 SF
297 Bloomfield, Verona, NJ 07044 $1,150,000 Apr 2024 4,580 SF
125 Bloomfield, Verona, NJ 07044-2702 $700,000 Feb 2024 3,352 SF
698 Bloomfield, Verona, NJ 07044 $1,050,000 Jul 2023 3,676 SF
770 Bloomfield, Verona, NJ 07044-1302 $675,000 Nov 2021 4,470 SF
702 Bloomfield, Verona, NJ 07044 $1,100,000 Nov 2021 2,991 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
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