406-410 Bloomfield Ave
Caldwell, NJ 07006
Retail Property For Sale

Marcus & Millichap is pleased to exclusively list a three-tenant retail building located in Caldwell (Essex County), New Jersey. The subject property is 100 percent occupied by tenants who have been in the same location for numerous years. The 4,800 square foot building is located at 406-410 Bloomfield Avenue and is approximately 0.5 miles from Caldwell University. The subject property is within proximity to numerous other educational institutions such as Essex County College, James Caldwell High School, Grover Cleveland Middle School and Essex Valley School. The immediate area has very attractive demographics with 223,341 residents and an average household income of $155,049 in a 5-mile radius. Caldwell is a borough located in Essex County, New Jersey. The subject property is approximately 16 miles northwest of New York City. The municipalities that share their border with Caldwell are West Caldwell, West Orange, Verona, Essex Fells and Cedar Grove. Within a five-mile radius of Caldwell, the average household income is $155,049 among the 223,341 individuals who reside within a five-mile radius of the subject property. The asking price of $1,250,000.00 represents a 6.82 percent cap rate.