995 Bloomfield AveWest Caldwell, NJ 07006

Property Details for 995 Bloomfield Ave

Year built

1971

Lot size

0.57 AC

Property size (Sq ft)

2,560 SF

Zone code

B-1

Property type

Other commercial real estate

APN

21 01603-0000-00001

APU

2101603000000001

Description

This exceptional freestanding retail building, situated at a prime Bloomfield Avenue intersection in West Caldwell, presents a unique investment opportunity. Originally constructed in 1971 and extensively renovated in 2010, the 2,658 square foot single-tenant space boasts excellent visibility and accessibility. The property includes a convenient drive-thru, a significant advantage for various retail uses. Ample parking is provided with 20 spaces, catering to customer convenience. The 0.57-acre lot offers considerable space for outdoor activities or expansion. This location benefits from high traffic counts exceeding 24,000 vehicles daily on Bloomfield Avenue, placing it within West Caldwell's thriving retail corridor. The surrounding area boasts a substantial population exceeding 189,000 residents, with average household incomes surpassing $140,000, indicating strong consumer spending power. The property's proximity to major retailers further enhances its appeal and potential for success. Ideal for a variety of retail, food, or medical businesses seeking a high-traffic, high-visibility location. Annual property taxes are $9.26 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located retail property in a highly desirable market.

Location Insight

City

West Caldwell

County

Essex

State

New Jersey

Latitude

40.8533

Longitude

-74.3033

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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