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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
Office/Residential
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

PROPERTY TAXES

Parcel Number
02-01171-0000-00010
Land Assessment
$1,089,000
Improvements Assessment
$936,000
Total Assessment
$2,025,000
  • Listing ID: 32928666

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 1260 Broad St, Bloomfield, NJ 07003

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