Property profile

89 Main St Bloomingdale, NJ 07403

OFF-MARKET
Commercial real estate
Property ID
US59-0017413
1,462 SF 0.21 ac lot Built 1980
Individually Owned 23-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 89 Main Street, Bloomingdale, NJ, presents a compelling investment opportunity. The building boasts a total of 1,900 square feet situated on a 0.21-acre lot. The ground floor offers four separate offices, ideal for a variety of professional uses, complemented by a covered porch and a half-bath. The prime location ensures high visibility and accessibility. A full basement provides ample storage space, a valuable asset for any business. The property also includes a significant advantage with eleven on-site parking spaces, addressing a common challenge in commercial real estate. Upstairs, a residential unit provides additional income potential or owner-occupancy options. This unit comprises one bedroom, a living room, a kitchen, and a full bathroom, accessed via a private entrance, offering both privacy and convenience. The combination of commercial and residential space makes this property uniquely versatile and attractive to a wide range of potential buyers. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. Don't miss out on this chance to secure a strong investment in a thriving community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction FRAME
Total area 1,462 SF
Lot 0.21 ac (9,345 SF)
Zoning code BCD
APN 01 05060-0000-00021
UPID US59-0017413

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation

Location

89 Main St Bloomingdale, NJ 07403-1674
Bloomingdale metro Census 116500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2003
Last sale
$450,000
2 recorded transactions
2003
$240,000
1969
Price N/A

Zoning & alternative use

BCD · Bloomingdale, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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