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129-137 La France Ave 4,792 SF 100% Leased Retail Building Bloomfield, NJ 07003 $900,000 ($187.81/SF) 7.75% Cap Rate
Investment Highlights
- 100% occupied with five (5) retail tenants
- Infill Essex County location with strong population density
- R-1B zoning offering long-term optionality
- Diversified income stream with neighborhood-oriented uses
- Lot Size of ±6,000 SF lot (60’ x 100’)
- Low-management, stabilized asset in a high-barrier-to-entry market
Executive Summary
STABILIZED MULTI-TENANT RETAIL INVESTMENT
BLOOMFIELD, NEW JERSEY
KW Commercial is pleased to present a 100% occupied, multi-tenant retail investment located in the Township of Bloomfield, Essex County, NJ. The property is situated on a 60’ x 100’ (±6,000 SF) parcel and is fully leased to five (5) neighborhood-serving retail tenants, offering investors immediate and diversified income.
The asset benefits from its infill location within a dense residential trade area, supporting consistent tenant demand and long-term occupancy. Bloomfield’s strong demographics, limited retail supply, and proximity to regional transportation corridors contribute to the property’s durable cash flow profile.
Zoned R-1B, the site offers optionality for continued stabilized retail operation or potential future redevelopment, subject to zoning and municipal approvals. The small-bay tenant mix reduces exposure to single-tenant risk and provides flexibility for rent growth and lease rollover management.
This offering is well suited for investors seeking predictable cash flow, downside protection through tenant diversification, and long-term appreciation potential in one of Northern New Jersey’s most established submarkets.
BLOOMFIELD, NEW JERSEY
KW Commercial is pleased to present a 100% occupied, multi-tenant retail investment located in the Township of Bloomfield, Essex County, NJ. The property is situated on a 60’ x 100’ (±6,000 SF) parcel and is fully leased to five (5) neighborhood-serving retail tenants, offering investors immediate and diversified income.
The asset benefits from its infill location within a dense residential trade area, supporting consistent tenant demand and long-term occupancy. Bloomfield’s strong demographics, limited retail supply, and proximity to regional transportation corridors contribute to the property’s durable cash flow profile.
Zoned R-1B, the site offers optionality for continued stabilized retail operation or potential future redevelopment, subject to zoning and municipal approvals. The small-bay tenant mix reduces exposure to single-tenant risk and provides flexibility for rent growth and lease rollover management.
This offering is well suited for investors seeking predictable cash flow, downside protection through tenant diversification, and long-term appreciation potential in one of Northern New Jersey’s most established submarkets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,792 SF
Building Class
C
Year Built
1929
Price
$900,000
Price Per SF
$187.81
Cap Rate
7.75%
NOI
$69,767
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.14 AC
Zoning
R-1B - typically represents a low-to-moderate density, single-family residential district, often used for detached homes in suburban or rural settings.
Frontage
101’ on La France Ave
Amenities
- Signage
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00063-0000-00064 | Total Assessment | $475,700 |
| Land Assessment | $92,700 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $383,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
02-00063-0000-00064
Land Assessment
$92,700
Improvements Assessment
$383,000
Total Assessment
$475,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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129-137 La France Ave
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