556-558 Bloomfield AveBloomfield, NJ 07003
- Other commercial real estate
- 0.16 AC
Property Details for 556-558 Bloomfield Ave
- Year built
- 1890
- Lot size
- 0.16 AC
- Zone code
- BCR2
- Property type
- Other commercial real estate
- APN
- 02 00153-0000-00027
- APU
- 200153000000027
Description
This exceptional commercial property, located at 556-558 Bloomfield Avenue in Bloomfield, New Jersey, presents a unique investment opportunity. The property is priced at $1,950,000 and offers significant potential for a variety of commercial uses. While the exact square footage is not currently specified, the property's prominent location on Bloomfield Avenue ensures high visibility and accessibility. Situated on a lot with zero acres, the property's size is ideal for a range of businesses seeking a well-positioned commercial space in a thriving community. The property's classification as "Other" suggests flexibility in its potential use, making it an attractive option for entrepreneurs and investors alike. Bloomfield's vibrant business environment and strong local economy provide a solid foundation for a successful commercial venture. The property's address on Bloomfield Avenue places it within easy reach of a diverse customer base and offers excellent connectivity to major transportation routes. This presents a rare chance to acquire a strategically located commercial property in a desirable New Jersey market. Further due diligence is encouraged to fully assess the property's potential and suitability for specific business plans. Interested parties are urged to act quickly on this promising investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,277,742
- Hospitality
- $1,170,405
- Educational
- $973,763
- Medical
- $1,007,253
- Retail
- $1,514,743
Location Insight
- City
- Bloomfield
- County
- Essex
- State
- New Jersey
- Latitude
- 40.7926
- Longitude
- -74.1976
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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