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383 Broad St 3,176 SF 100% Leased Retail Building Bloomfield, NJ 07003 $2,003,247 CAD ($630.75 CAD/SF) 5.70% Cap Rate



EXECUTIVE SUMMARY
Modernized Income-Producing Asset on the Bloomfield/Montclair Border
Introducing 383 Broad Street, a turn-key investment opportunity ideally positioned between the energy of Montclair and the convenience of Bloomfield’s growing commercial district. This property offers dependable rental income with the added advantage of brand-new utility and waste line upgrades, setting the stage for low-maintenance ownership for years to come.
Set on a well-traveled stretch of Broad Street, the building provides effortless proximity to Garden State Parkway access, local transit, neighborhood retail, parks, and dining, making it attractive to current and future tenants alike. Montclair’s cultural hub — cafés, boutiques, farmer’s markets, nightlife — sits just minutes away, expanding the lifestyle appeal and long-term demand of this location.
Thoughtfully maintained and improved, 383 Broad Street stands as a strong addition to any portfolio — whether you’re scaling up or securing a reliable, well-located asset in one of Essex County’s most connected pockets.
A smart hold. A strategic location. A property built for growth.
Inquire for financials, rent roll, and further details.
Introducing 383 Broad Street, a turn-key investment opportunity ideally positioned between the energy of Montclair and the convenience of Bloomfield’s growing commercial district. This property offers dependable rental income with the added advantage of brand-new utility and waste line upgrades, setting the stage for low-maintenance ownership for years to come.
Set on a well-traveled stretch of Broad Street, the building provides effortless proximity to Garden State Parkway access, local transit, neighborhood retail, parks, and dining, making it attractive to current and future tenants alike. Montclair’s cultural hub — cafés, boutiques, farmer’s markets, nightlife — sits just minutes away, expanding the lifestyle appeal and long-term demand of this location.
Thoughtfully maintained and improved, 383 Broad Street stands as a strong addition to any portfolio — whether you’re scaling up or securing a reliable, well-located asset in one of Essex County’s most connected pockets.
A smart hold. A strategic location. A property built for growth.
Inquire for financials, rent roll, and further details.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,176 SF
Building Class
C
Year Built
1890
Price
$2,003,247 CAD
Price Per SF
$630.75 CAD
Cap Rate
5.70%
NOI
$114,185 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.08 AC
Zoning
B-2
Frontage
22’ on Broad St
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Iris Yoga
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Iris Yoga | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-00575-0000-00009 | Total Assessment | $637,786 CAD (2025) |
| Land Assessment | $157,875 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $479,912 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
02-00575-0000-00009
Land Assessment
$157,875 CAD (2025)
Improvements Assessment
$479,912 CAD (2025)
Total Assessment
$637,786 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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383 Broad St
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