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1260 Broad St
Bloomfield, NJ 07003
Hard Corner Bank Redevelopment Opportunity · Office Property For Sale
Investment Highlights
- Strategically Located on a Hard Corner Lot With Excellent Visibility Making it an Ideal Long Term Investment Opportunity
- Bloomfield, NJ is Very Wealthy City With an Average Household Income Exceeding $199,000 in a 1-Mile Radius
- Bloomfield, NJ is a Vibrant and Dynamic Community Known For Its Thriving Retail, Dining, and Entertainment Scene
- Residentially Dense Neighborhood: Over 206,607 People in a 3-Mile Radius and Over 80,066 Households in a 3-Mile Radius
- Ideal For Another Financial Institution With the Previous Bank Having Over $110M in Deposits as of 2023 According to the FDIC
Property Facts
Property Type
Office
Property Subtype
Building Size
9,000 SF
Building Class
B
Year Built
1957
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
0.23
Lot Size
0.88 AC
Zoning
B-2
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 02-01171-0000-00010 | Improvements Assessment | $936,000 |
| Land Assessment | $1,089,000 | Total Assessment | $2,025,000 |
Property Taxes
Parcel Number
02-01171-0000-00010
Land Assessment
$1,089,000
Improvements Assessment
$936,000
Total Assessment
$2,025,000
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