295 Montgomery St Bloomfield, NJ 07003
Property profile & analytics
295 Montgomery St Bloomfield, NJ 07003
- Office buildings
- 4,623 SF
- 0.33 lot acres
Property ID
US59-2494877
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- La Torraca & Christian / Law Firm
- HPC Group / Engineering Consultant / Aerospace Company
- Steven I Greene Law Offices / Law Firm
- S Margeotes & Co / Tax Preparation
- Suburban Painting LLC / Painting Service / General Contractor
Property Details for 295 Montgomery St
- Year built
- 1890
- Lot size
- 0.33 lot acres
- Property size
- 4,623 SF
- Zone code
- R-1B
- Property type
- Office buildings
- APN
- 02 00272-0000-00001
- APU
- 200272000000001
Description
This exceptional investment opportunity presents a remarkable office building located at 295 Montgomery Street in the thriving town of Bloomfield, New Jersey. Priced at $1,100,000, this property offers significant potential for growth and return. While the exact square footage is not currently available, the building presents a substantial space ideal for a variety of office uses. Situated on a lot with no acreage specified, the property benefits from its convenient location within Bloomfield, offering easy access to major transportation routes and local amenities. The building's condition and specific features require further investigation, but its prime location and attractive price point make it a compelling proposition for discerning investors seeking a strong foothold in the New Jersey commercial real estate market. This is a chance to acquire a well-positioned office building with the potential for significant future appreciation. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential. The asking price reflects the current market value and the property's inherent potential. Further details regarding the building's specifications and layout are available upon request. Don't miss this opportunity to secure a valuable asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $995,000
- ML approach
- $1,045,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,255,000
- 6.5%
- $1,160,000
- 7%
- $1,080,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $946,000
- AI Estimate
- $656,000
Market price range: $881k - $1.55MMarket price range: $608k - $1.06M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,170,000 Current use
- COMMERCIAL (GENERAL)
- $1,135,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1938
- Latitude
- 40.7925
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,062
$174,100
$421,200
$595,300
-
$174,100
$421,200
$595,300
