Property profile

297 Bloomfield Ave Caldwell, NJ 07006

OFF-MARKET
Other commercial real estate
Property ID
US59-1421830
5,969 SF 0.16 ac lot Built 1940
Individually Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A ground-floor retail storefront of approximately 750 square feet, configured for retail or other commercial use. The building has a municipal parking lot behind it with parking spaces for customer or business traffic. Utilities are tenant-managed for heat, central air conditioning, electricity, and gas.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 5,969 SF
Lot 0.16 ac (6,900 SF)
Zoning code B
APN 03 00016-0000-00005
UPID US59-1421830

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

297 Bloomfield Ave Caldwell, NJ 07006
Caldwell metro Census 21701 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.27M
Comparable Approach Comparable
$680k
Blend (final) Blend
$505k

Owner & transaction history

since 2004
1 recorded transaction
2004
$899,000

Zoning & alternative use

B · Caldwell, NJ
Zoning description

Massage, bodywork and somatic therapy. While massage parlors remain a prohibited use, massage, bodywork and somatic therapy shall be permitted as an accessory use in the B General Business District, provided the followin…

General category COMMERCIAL

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?”
You own 297 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.
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