Financial
Distress signals
Property profile

855 Bloomfield Ave Glen Ridge, NJ 07028

OFF-MARKET
Other commercial real estate
Property ID
US59-0402366
11,524 SF 0.7 ac lot Built 1940
Last sale Dec 1999 · $1,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a studio space located on the second level above a strip mall on Bloomfield Avenue in Glen Ridge Boro Township, New Jersey. The unit includes a sink and provides access to shared tenant and client bathrooms located off the hallway. Building access is available on a 24-hour basis, and the second floor is reached via front and side staircases. The space is zoned for commercial use. The unit does not include air conditioning at present, but has provisions that allow for installation of a window AC.

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?
$103k
Tax billed · 2022
Assessed value · 2023$3.13M
Assessed land$1.32M
Assessed improvement$1.81M
Effective rate3.29%

Value estimate

· Sep 2026
$2.90M
$2.61M – $3.18M
CAP approach$2.45M
Submarket $/SF estimate$2.85M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
County average, outlier-cleaned · 734 recorded sales of this use type
Observed band · Q1–Q3$160 – $468
Qualifying comparables5

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?
R5
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store17.6
Storage Facility15.9
Wholesale Shop15.2

Location

855 Bloomfield Ave Glen Ridge, NJ 07028-1341
County assessor Recorded deeds · 1 transfer 5 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 Highland, Glen Ridge, NJ 07028-1528 $2,900,000 Nov 2022 12,606 SF
311 Bay, Glen Ridge, NJ 07028-1607 $6,750,000 Jul 2022 No data
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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