199 Broad StBloomfield, NJ 07003

Property Details for 199 Broad St

Year built

1992

Lot size

0.39 AC

Property size (Sq ft)

9,964 SF

Zone code

POR

Property type

Office properties

Property subtype

Office buildings

APN

02 00517-0000-00004

APU

200517000000004

Description

This exceptional office space, located at 199 Broad Street in Bloomfield, New Jersey, presents a fantastic opportunity for businesses seeking a convenient and cost-effective location. The property is an office space listed at $2350. While the exact square footage is not currently specified, the listing highlights its prime location in Bloomfield, NJ, making it easily accessible for employees and clients alike. The property sits on a lot with zero acres, suggesting a compact and potentially efficient layout ideal for smaller businesses or those seeking a focused workspace. The address, 199 Broad Street, places the property within a well-established commercial area, likely offering proximity to amenities such as restaurants, retail establishments, and public transportation. This makes it an attractive option for businesses prioritizing both functionality and accessibility. Further details regarding the interior layout, specific amenities, and lease terms are available upon request. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity in the thriving Bloomfield market. The asking price represents a competitive rate for office space in this desirable location. Don't miss out on this chance to establish your business in a prime Bloomfield address.

• CAP approach

  CAP return

  Valuation

  6%

  $1,647,347

  6.5%

  $1,520,628

  7%

  $1,412,012

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,301,896

  Geo Method

  $1,301,896

• Alternative Use

  Use

  Valuation

  Residential

  $1,885,578

  Hospitality

  $1,727,180

  Educational

  $1,436,993

  Medical

  $1,486,414

  Retail

  $2,235,323

Location Insight

City

Bloomfield

County

Essex

State

New Jersey

Latitude

40.8007

Longitude

-74.1962

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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