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Property profile

279 Glenwood Ave Bloomfield, NJ 07003

FOR LEASE
Commercial real estate
Property ID
US59-0999930
912 SF 0.1 ac lot Built 1890
Last sale Mar 2026 · $890,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$21k
Tax billed · 2022
Assessed value · 2023$612k
Assessed land$154k
Assessed improvement$457k
Effective rate3.39%

Value estimate

· Oct 2026
$470k
$423k – $517k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 434,926.25% cap applied$15k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$246/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$149 – $334
Qualifying comparables13

Cap rate analysis

How does the asset earn?
434,926.25%
$15k 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?
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 agency14.3
Catering Service9.9
Tech Support Center9.3

Location

279 Glenwood Ave Bloomfield, NJ 07003
County assessor Recorded deeds · 6 transfers 13 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
150 Orange, Bloomfield, NJ 07003-4704 $62,000 Dec 2024 2,308 SF
3 1st, Bloomfield, NJ 07003-5801 $325,000 Oct 2024 2,275 SF
160 Orange, Bloomfield, NJ 07003-4748 $180,000 Sep 2024 3,770 SF
98 Broughton, Bloomfield, NJ 07003-4334 $450,000 Sep 2024 1,845 SF
219-221 Broad, Bloomfield, NJ 07003-2607 $550,000 May 2024 1,990 SF
313 Glenwood, Bloomfield, NJ 07003-4387 $400,000 Feb 2023 3,708 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

Ask Rey → ChatGPT Grok Claude
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