Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

362 Franklin St Bloomfield, NJ 07003

  • Office buildings
  • 2,514 SF
  • 0.22 lot acres
Value Estimation
$400,000
Last Sale
Oct 30, 2024
$411,137
Location Intelligence
Property ID
US59-1529846
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.

Current Use by Public Records

  • Precision Care, LLC - Dr. Roy Jackson, DC / Chiropractor
  • Roy F. Jackson, DC / Chiropractor

Property Details for 362 Franklin St

Year built
1938
Lot size
0.22 lot acres
Property size
2,514 SF
Zone code
BCR2
Property type
Office buildings
APN
02 00301-0000-00028
APU
200301000000028

Description

This exceptional commercial property, located at 362 Franklin Street, Unit 100, in Bloomfield, New Jersey, presents a prime opportunity for businesses seeking a versatile and well-situated space. The property encompasses approximately 3,000 square feet, distributed across two floors, offering ample room for a variety of commercial uses. The interior is fully finished, providing a blank canvas for customization to perfectly match your business requirements. Whether you envision a modern office environment, a retail space, or a professional services setting, this property's adaptability makes it an ideal choice. The building offers excellent street visibility, ensuring high traffic and potential for increased brand awareness. Six dedicated parking spaces are included, providing convenient parking for employees and clients. The location is strategically positioned for easy access to downtown Bloomfield, offering proximity to local amenities and a vibrant community. Furthermore, its convenient access to public transportation and major highways ensures seamless connectivity for commuters and clients. This property represents a rare opportunity to establish your business in a highly desirable and accessible location. The 0.22-acre lot provides ample space for outdoor activities or potential future expansion. Don't miss this chance to secure a thriving commercial space in the heart of Bloomfield.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $410,000
  • CAP approach

    CAP return
    Estimation
    6%
    $360,000
    6.5%
    $330,000
    7%
    $325,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $370,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $365,000
    Retail
    $310,000
    Mixed-Use
    $295,000
    Hospitality
    $310,000
    Educational
    $305,000
    Residential Income
    $290,000
    Energy
    $360,000
    Income-Based Land
    $355,000
    Food Service
    $395,000

Location Insight

  • Map
  • Local Demand
City
Bloomfield
County
Essex
State
New Jersey
Longitude
-74.1949
Latitude
40.7913
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
$17,264
$228,700
$280,400
$509,100
-
$228,700
$280,400
$509,100
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