820 Bloomfield Ave | Verona, NJ 07044
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820 Bloomfield Ave
Verona, NJ 07044
Potential Multi-Family Development · Retail Property For Sale
Executive Summary
Potential multi-family development on approximately 1/3 acre for 4-6 units in desirable area. Zoned as mixed use and may require a zoning variance. Current use is apartment and retail/office. Current parking is for 8 cars and street parking is permitted. New 100-unit apartment project being built across the street from this site. Traffic count at this address is about 15,000 cars per day.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,997 SF
Building Class
C
Year Built/Renovated
1870/2000
Price
£752,714
Price Per SF
£251
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
12 ft
Building FAR
0.25
Lot Size
0.28 AC
Zoning
C-2 - Mixed Use Commercial
Parking
8 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
60 ft on Bloomfield Ave
PROPERTY TAXES
| Parcel Number | 20-01603-0000-00001 | Improvements Assessment | £156,802 |
| Land Assessment | £258,141 | Total Assessment | £414,943 |
PROPERTY TAXES
Parcel Number
20-01603-0000-00001
Land Assessment
£258,141
Improvements Assessment
£156,802
Total Assessment
£414,943
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