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Anthony Romano

Licensed Realtor

Investor Relations - New & Modern Realty

The Brokerage Built for Builders

(201) 366-6986
Asking Price

$2,900,000

123 Hidden Street,Bloomfield, NJ 07003

Comp Purchase Price

$2,900,000

What builders pay for similar lots nearby

Proj. Resale Price

$14,500,000

Based on 3 recent new construction sales nearby

Build Opportunity

Current Property Type

Tear Down

Projected Resale Build Type

Multi Story Dev

Lot Size

43,500 ~ sqft

Dimensions

91 x 265 ft

Property Details

Additional Information

Description

20+ condo units and 1 commercial space, plus 24 private parking spots. 12 units will have private balconies, and there is no affordable housing. There's a 5 year tax abatement. The seller can deliver the property fully approved. They also will clear the lot so no demo is required, and this can be delivered shovel ready.

Zoning

Redevelopment Zone

Approval Status

Fully Approved with Permits

Environment

Unknown

Vacant at Closing

Yes

Subject To

NA

Closing Timeframe

Flexible

Comparable Sales Map

Locations of builder purchases and new construction sales

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New Construction Sales

Based on similar sized new construction properties

Multi-unit opportunity — the projected build here is Multi Story Dev. Comp prices below are single-property sales.

3

← Swipe to see more →

ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
660 Bloomfield Ave, Bloomfield, NJ 07003Old comp$625,000CondoN/A1,07622Jan 2, 2025May 30, 2025SoldN/A
No image
660 Bloomfield Avenue, Bloomfield, New Jersey 07003$669,000CondoN/A1,00622Jan 2, 2025N/AWithdrawnN/A
No image
660 Bloomfield Avenue, Bloomfield, New Jersey 07003$734,000CondoN/A1,07922Jan 2, 2025N/AWithdrawnN/A
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