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7-9 Watsessing Ave
Bloomfield, NJ 07003

Price Upon Request

Storefront Retail Residential For Sale • 2,490 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 2,490 SF
Lot Size 0.08 AC
Building Class C
Year Built 1913
Tenancy Multiple
Zoning B-2

90 Transit Score

70 Walk Score

                
                    Highlights
                
                                7-9 Watsessing Avenue presents a fully leased, multi-tenant mixed-use asset with two retail units and two residential units.
                            
                                Flexible layout with first-floor suites built out for restaurant and convenience store use and upper level residential for diversified cash flow.
                            
                                Direct visibility to strong foot traffic, as well as 9,300+ daily vehicles on Dodd Street and 179,000+ daily vehicles on Garden State Parkway.
                            
                                Adjacent to the Watsessing commuter rail station, providing immediate access for NJ Transit lines, with Newark Rail service under 1 mile away.
                            
                                Competitive submarket fundamentals, with stable retail and multifamily rent growth and competitive vacancies driving long-term appreciation. 
                            
                                Growing 2-mile population of more than 195,000, with an average household income over $94,000 and annual consumer spending above $1.9 billion.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Watsessing Avenue (Montclair-Boonton Line - NJ TRANSIT RAIL)	0 min	1 min	0.0 mi
Bloomfield (Montclair-Boonton Line - NJ TRANSIT RAIL)	3 min	19 min	1.0 mi
Transit/Subway	Drive	Walk	Distance
Grove Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))	2 min	14 min	0.8 mi
Airport	Drive	Walk	Distance
Newark Liberty International	16 min	-	9.3 mi
LaGuardia	45 min	-	26.1 mi
John F Kennedy International	53 min	-	34.2 mi

Alan Cafiero 201-742-6118 Marcus & Millichap

7-9 Watsessing Ave Bloomfield, NJ 07003

Price Upon Request

Property Details

Highlights

Public Transportation

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7-9 Watsessing Ave
Bloomfield, NJ 07003