Skip to main content

Urban-High Street

295 Bloomfield Ave Montclair

295 Bloomfield Ave, Montclair, NJ 07042

Listing Price: $699,000

Cap Rate
6.76%
Gross SF
1,070
Rentable SF
1,070
Price/Gross SF
$653.27
Lot Size
0.02 acres
Year Built
1892

Investment Overview

The current offering is for a fully leased, street-level retail three combined condominium units, which is part of a larger mixed-use property with both retail and residential components. The building is a 2.5 story brick building with nine residential units and six ground-floor commercial suites. The property has parking for 15 cars, with three spaces allocated for the subject condominium units.

Investment Highlights

  • The Building Was Converted to Condominiums in 1988.
  • The Three Combined Units Have Been Under the Same Ownership Since 1993.
  • 1,070 Square-Foot Ground-Floor Retail Units.
  • 1,070 Square-Foot Ground-Floor Retail Units.
  • New HVAC Units Installed Four Years Ago.
  • Three Parking Spaces Are Offered with the Units.

Exclusively Listed By

Urban-High Street

295 Bloomfield Ave Montclair

Listing Price: $699,000

Cap Rate
6.76%
Gross SF
1,070
Rentable SF
1,070
Price/Gross SF
$653.27
Lot Size
0.02 acres
Year Built
1892

Investment Highlights

  • The Building Was Converted to Condominiums in 1988.
  • The Three Combined Units Have Been Under the Same Ownership Since 1993.
  • 1,070 Square-Foot Ground-Floor Retail Units.
  • 1,070 Square-Foot Ground-Floor Retail Units.
  • New HVAC Units Installed Four Years Ago.
  • Three Parking Spaces Are Offered with the Units.

Investment Overview

The current offering is for a fully leased, street-level retail three combined condominium units, which is part of a larger mixed-use property with both retail and residential components. The building is a 2.5 story brick building with nine residential units and six ground-floor commercial suites. The property has parking for 15 cars, with three spaces allocated for the subject condominium units.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower