Financial
Distress signals
Property profile

508 Bloomfield Ave Verona, NJ 07044

OFF-MARKET
Commercial real estate
Property ID
US59-2059135
5,307 SF 0.24 ac lot Built 1949
Last sale Jun 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional business opportunity presents the chance to acquire a well-established pizzeria in the heart of Verona, NJ. Located near a busy intersection, this pizzeria enjoys unparalleled visibility, attracting both vehicular and pedestrian traffic. The business boasts a loyal customer base cultivated over years of operation in Essex County, ensuring a strong foundation for continued success. Included in the sale is a fully operational kitchen equipped with essential appliances,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$26k
Tax billed · 2022
Assessed value · 2023$858k
Assessed land$347k
Assessed improvement$511k
Effective rate2.99%

Value estimate

· Sep 2026
$510k
$459k – $561k
CAP approach$1.13M
Submarket $/SF estimate$711k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$352/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$223 – $452
Qualifying comparables27

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Carpet & Flooring Store9.6
Locksmith9.4

Location

508 Bloomfield Ave Verona, NJ 07044-2001
County assessor Recorded deeds · 3 transfers 27 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
297 Bloomfield, Verona, NJ 07044 $1,150,000 Apr 2024 4,580 SF
599 Bloomfield, Verona, NJ 07044-1818 $1,355,000 Mar 2024 3,666 SF
698 Bloomfield, Verona, NJ 07044 $1,050,000 Jul 2023 3,676 SF
770 Bloomfield, Verona, NJ 07044-1302 $675,000 Nov 2021 4,470 SF
21 Grv, Verona, NJ 07044-1610 $1,275,000 Sep 2021 5,178 SF
314 Bloomfield, Verona, NJ 07044-2427 $750,000 Aug 2021 4,952 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
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