New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,130,000
Commercial real estate
225 Bloomfield Ave Verona, NJ 07044-2704
Entity Owned
21-yr Hold
Free & Clear
Property ID
US59-0022396
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1907
Total area
26,568 SF
Lot
2.23 ac (97,139 SF)
Zoning code
C1
APN
20 00201-0000-00010
UPID
US59-0022396
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
Current use
Occupant on record · Public records
-
Rich Kitchen Remodeling Solutions Hardware & Home Improvement Kitchen & Bath Showroom
-
DeCozen Chrysler Jeep Dodge RAM Car Dealership
-
Windshield Replacement Verona Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Luisa Pulecio Drug store Pharmacy
-
Decozen Dodge Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.64M
Comparable Approach
Comparable
$5.74M
Blend (final)
Blend
$6.13M
Owner & transaction history
225 BLOOMFIELD AVE LLC
225 BLOOMFIELD AVE LLC
Zoning & alternative use
C1 · Verona, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Verona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Verona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,110,000
6.5%
$5,640,000
7%
$5,240,000
Blend value · Realmo final
$6.13M
Range $5.52M – $6.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$231 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$207,241
Tax year 2022
Assessed value
$6,924,200
Assessed 2023
Previous assessed
$6,924,200
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$1,895,500
Assessed improvement
$5,028,700
Land market value
$1,895,500
Improvement market value
$5,028,700
Total market value
$6,924,200
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1907
Heating
NONE
Stories
1
Units
1
Total area
26,568 SF
Lot
2.23 ac (97,139 SF)
Zoning code
C1
APN
20 00201-0000-00010
UPID
US59-0022396
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Verona, NJ
Zoning C1 · permitted uses
C1 · Verona, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Verona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Stories
1
Units
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
225 BLOOMFIELD AVE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
225 BLOOMFIELD AVE, VERONA, NJ 07044-2704
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
You own 225 Bloomfield Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
