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Property profile & analytics
FOR LEASE
Super regional malls

875 Bloomfield Ave West Caldwell, NJ 07006

17.9 ac lot Built 1971
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-2207558
Property summary
AI-generated overview

This exceptional retail opportunity is located at 875 Bloomfield Avenue in West Caldwell, New Jersey, within the vibrant Essex Mall. The property offers a total of 189,773 square feet of retail and restaurant space, currently featuring multiple tenants. Four spaces are immediately available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,200 square feet. A total of 7,500 square feet is currently vacant and ready for immediate occupancy. The property boasts ample parking with 977 spaces available for customers and employees. Situated in Essex County, this prime location in West Caldwell (zip code 07006) offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's convenient location and substantial parking make it an attractive option for businesses seeking high foot traffic and easy access for customers. This is a fantastic opportunity to establish or expand your business in a thriving commercial center. Contact us today to learn more about leasing options and to schedule a viewing.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1971
Construction CONCRETE BLOCKS
Lot 17.9 ac (779,724 SF)
Zoning code B-2
APN 21 01504-0000-00001
UPID US59-2207558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stop & Shop Grocery & Convenience Store Food Market
  • Clark Brothers Roofing & Construction Roofing Company General Contractor
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Western Union Bank Credit Union
  • PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$42.93M
Owner & transaction history
Provident Bank · 4 yrs held
Provident Bank
since 2022
Last sale
$47.0M
4 recorded transactions
2022
Price N/A
2022
$47.0M
2022
$3.5M
1969
Price N/A
Zoning & alternative use
B-2 · West Caldwell, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

No more than one cart corral structure per 10,000 square feet of parking area shall be permitted. In the B-2 Zone District where more than one use or occupancy exists on the site, all cart corrals shall be of similar design and shall be coordinated by the owner of the property. 4. Corrals shall be constructed back to back for the length of two parking spaces…

Zone name Planned Shopping District
General category INDUSTRIAL
Zone area 21.33 ac
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