1260 Broad StBloomfield, NJ 07003

Property Details for 1260 Broad St

Property size (Sq ft)

9,000 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional 9,000 square foot owner-user opportunity presents a unique redevelopment project in Bloomfield, New Jersey. Located on a highly visible hard corner lot at 1260 Broad Street, this property boasts excellent street frontage and accessibility. The previous tenant was a bank with over $110 million in deposits (as of 2023, per FDIC data), suggesting strong potential for a similar financial institution or a related business. The property is situated in a densely populated area, with over 206,607 people and 80,066 households within a three-mile radius. Furthermore, the surrounding neighborhood is affluent, exhibiting an average household income exceeding $199,000 within a one-mile radius. Bloomfield itself is a vibrant community, known for its thriving retail, dining, and entertainment options, and is home to Bloomfield College. This presents a compelling investment opportunity with strong real estate fundamentals, ideal for long-term growth. The asking price is $3,500,000, translating to $388.89 per square foot. The property is currently 100% occupied. This prime location offers easy access to major highways and is a hub of economic activity. The property is classified as a creative and executive office space, suitable for a variety of uses.

Location Insight

City

Bloomfield

County

Essex

State

New Jersey

Latitude

40.8336

Longitude

-74.1808

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].