166 Bloomfield Ave
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166 Bloomfield Ave
2,705 SF 100% Leased Office Building Newark, NJ 07104 $699,000 ($258/SF)
Investment Highlights
- Prime Location: Situated in Newark's Northward district, within a commercial/business zone.
- Income Potential: One office space is currently leased, offering immediate rental income.
- Additional Storage: Includes extra storage space on the ground level.
- Modern & Well-Maintained: Two-office professional building for sale, featuring contemporary design and upkeep.
- Vacant Space Available: The second office is vacant and ready for new tenants or use.
- Convenient Access: Close to restaurants, commerce, and public transportation with NJ/NY transit bus stops nearby.
Executive Summary
Location! Location! Location! Modern and well maintained two office professional building for sale located in Newark's Northward district commercial/ business zone. One space is currently being leased, and the second is vacant. Both offices have ample space and separate bathrooms. Additional storage space in the ground level. Nearby restaurants, commerce and public transportation with NJ/NY transit bus stops. Don't miss out on this great investment opportunity. Please inquire for further details!
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
2,705 SF
Building Class
C
Year Built
1922
Price
$699,000
Price Per SF
$258
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,352 SF
Building FAR
1.24
Land Acres
0.05 AC
Parking
0.74 Spaces per 1,000 SF Leased
Amenities
- Storage Space
- Reception
- Hardwood Floors
- Air Conditioning
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Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (71)
PROPERTY TAXES
Parcel Number | 14-00534-0000-00008 | Improvements Assessment | $153,200 |
Land Assessment | $64,800 | Total Assessment | $218,000 |
PROPERTY TAXES
Parcel Number
14-00534-0000-00008
Land Assessment
$64,800
Improvements Assessment
$153,200
Total Assessment
$218,000
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166 Bloomfield Ave
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