Financial
Distress signals
Property profile

199 Broad St Bloomfield, NJ 07003

FOR LEASE
Office buildings
Property ID
US59-3204909
9,964 SF 0.39 ac lot Built 1992
Last sale Dec 2006 · $1,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional office space, located at 199 Broad Street in Bloomfield, New Jersey, presents a fantastic opportunity for businesses seeking a convenient and cost-effective location. The property is an office space listed at $2350. While the exact square footage is not currently specified, the listing highlights its prime location in Bloomfield, NJ, making it easily accessible for employees and clients alike. The property sits on a lot with zero acres, suggesting a compact and potentially

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?
$45k
Tax billed · 2022
Assessed value · 2023$1.40M
Assessed land$515k
Assessed improvement$886k
Effective rate3.20%

Value estimate

· Sep 2026
$740k
$666k – $814k
CAP approach$2.50M
Sales comparison$2.23M
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$12k
Operating expenses−$6k
NOI · 79,687.50% cap applied$19k

Realmo valuation models over county records and 8 qualifying comparable sales.

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
Qualifying comparables8

Cap rate analysis

How does the asset earn?
79,687.50%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
POR
The intent of this district is to recognize those areas of the Township that are in transition from residential to commercial and to main...
General categoryCOMMERCIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.6
Tech Support Center9.0
Computer & Electronic Repair8.8

Location

199 Broad St Bloomfield, NJ 07003
County assessor Recorded deeds · 2 transfers 8 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 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message