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Property summary
The property is a commercial site historically used as an auto dealership, including a 2-bay repair shop and an office. It is located on a lot identified as Block 105, Lot 11, with an approximate lot size of 0.19 acres, and it has a building area of 1,264 square feet with 12-foot ceiling height. The property is zoned CBD (Central Business District), which permits a range of commercial uses such as fast food restaurants, coffee shops, banks, gas stations, car washes, garages, offices, and cannabis retail, and it is also suitable for multifamily development or other general commercial purposes. The configuration has been used by trades and retail-related businesses, including contractors and home-improvement and construction-related uses such as tile, kitchen and bath, granite supply, and home improvement retail.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Car Dealership
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
R-2B Zone - Residential, two-family, forty-foot frontage. (5) R-G Zone - Garden apartment. (6) R-T Zone - Residential townhouse. (7) R-H Zone - Residential, high-rise apartment. (8) B-2 Zone - Neighborhood business. (9)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CBD · Bloomfield, NJR-2B Zone - Residential, two-family, forty-foot frontage. (5) R-G Zone - Garden apartment. (6) R-T Zone - Residential townhouse. (7) R-H Zone - Residential, high-rise apartment. (8) B-2 Zone - Neighborhood business. (9)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
R-2B Zone - Residential, two-family, forty-foot frontage. (5) R-G Zone - Garden apartment. (6) R-T Zone - Residential townhouse. (7) R-H Zone - Residential, high-rise apartment. (8) B-2 Zone - Neighborhood business. (9)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Bloomfield, NJ.
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