Financial
Distress signals
Property profile

550 Bloomfield Ave Verona, NJ 07044

OFF-MARKET
Commercial real estate
Property ID
US59-2172601
5,384 SF 0.23 ac lot Built 1900
Last sale Oct 2007 · $875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional business opportunity presents the chance to acquire a highly successful Don Chicken franchise located at 550 Bloomfield Avenue in Verona, New Jersey. Situated in the heart of Verona, this restaurant enjoys a prime location directly across from Verona Park and conveniently close to the middle school. This ensures high visibility and accessibility to a large customer base. The property benefits from its own private parking lot, supplemented by adjacent municipal parking,

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?
$30k
Tax billed · 2022
Assessed value · 2023$1.01M
Assessed land$492k
Assessed improvement$514k
Effective rate2.99%

Value estimate

· Sep 2026
$535k
$482k – $589k
CAP approach$1.15M
Submarket $/SF estimate$833k

Realmo valuation models over county records and 26 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 comparables26

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency24.3
Restaurant17.5
Parking Facility16.2

Location

550 Bloomfield Ave Verona, NJ 07044-1817
County assessor Recorded deeds · 2 transfers 26 qualifying comp sales Zoning catalog · not on file

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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