638 Bloomfield Ave Verona, NJ $ 1,050,000
638 Bloomfield Ave
$ 1,050,000
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638 Bloomfield Ave

Verona, NJ, 07044
$ 1,050,000
Baths0.0

Monthly Estimate*

$ 7,335

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Studio

Commercial Property for sale in Verona, NJ

for $1,050,000. This building was built in 1900 on a lot size of 0.06.

Fully occupied 6% cap rate mixed-use commercial property with approx. 2,000 sq. feet of prime storefront space occupied by an upscale well-known catering business. Two apartments above the store in mint condition with newer appliances and hardwood flooring. Coin-operated washer/dryer in basement for tenant use. Additional features include a new boiler and a shared outdoor deck for second and third-floor tenants. New York Transportation is in front of the building as well as fabulous restaurants, and shopping. Close to major transportation and surrounded by great outdoor activities like Turtle Back Zoo and Verona Park. Municipal Permit Parking lot behind the building. Application to Town of Verona. Financials to qualified prospective buyers upon request.

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Commercial Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,172

Style

Lot Size

0.06

Year Built

1900

Town/City

Verona

County/Region

Essex

MLS | Web ID

3897937

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling No Cool
Utilities Electric Gas-Natural
Possession Flexible
Roof Asphalt Shingle Rubberized
Zoning 4A
Year Built 1900
Township Verona Twp.
Property Type Mixed Use See Remarks Store With Apartment See Remarks
Tax Year 2022
Percent Ownership Fee Simple
Location Business District Residential Area
Gross Income 93840
County Essex
Operating Expense 30440
Status Active
Directions Bloomfield Avenue near Grove Avenue
Total Units 3
Street Name Bloomfield Ave
Tax Annual Amount 21172
Drive Additional Parking Off-Street Parking See Remarks
Leasable Area 0
Days on Market 0
Standard Status Active
Tax Assessed Value 707400
Town # 1620
Tax Lot 17
Farm Assessment No
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Interior
Basement Bilco-Style Door Partial Unfinished
Flooring Wood
Fuel Type Gas-Natural
Total Stories 0
Half Baths 0
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 26X96
Lot Size Acres 0.06
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* Excluded Features
List By
JEANNE FALCO

Listing Agent

Prominent Properties Sir

Broker

jeanne.falco@gmail.com

Email

Affordability Calculator

$9,099
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,335
Monthly Property Taxes
$1,764
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$1,050,000 Listed Price

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638 Bloomfield Ave, Verona, NJ, 07044 is a Commercial Property for sale at $1,050,000 with a lot size of 0.06. 638 Bloomfield Ave is a studio with 0.0 baths and was built in 1900. The property's zip code is 07044 which is in Verona, NJ