Good Commercial Space, Anyone?


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460BloomfieldFor much of the last decade the building at 460 Bloomfield Avenue has been the home of Good Products, a retailer of new and used office furniture. Now, it can be a good home for a business in what is about to become a very good stretch of Bloomfield Avenue.

The property at 460 Bloomfield Avenue sits at the corner of Cumberland Avenue, but Claremont Avenue is right behind it, which means it is a three-corner lot. In addition to the ground-floor retail space and loading dock, there are three apartments on the second floor. That alone could give it some appeal.

But 460 Bloomfield Avenue is a stone’s throw from two lots that are going to be the site of high-end apartment buildings. De Mattheis Investments broke ground on the project on Friday, and construction is expected to start soon. There’s also Verona Park right across the street and a lovely little diner, which also happens to be up for sale.

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But if you want this one, you’re going to have to dig deep: The asking price for 460 Bloomfield Avenue is almost $1.8 million. By comparison, 435 Bloomfield Avenue and 449 Bloomfield Avenue, the sites of the new Verona Place apartments, sold for $500,000 each in June 2014, according to public records. Both were empty lots.

It’s otherwise a light weekend in Verona real estate, with just two new residential listings, four open houses and two properties with lower prices:

New Listings
4 Wedgewood Drive Apt. 5: 2 bed, 1 bath condo. Updated kitchen, bath. $219,000.
43 Martin Road: 3 beds, 2 baths. Recently renovated throughout. $399,000.
460 Bloomfield Avenue: Retail space near Verona Park with 3 apartments above. $1,795,000.

Open Houses
226 Linden Avenue: 4 beds, 2 1/2 baths. Updated kitchen, baths, finished basement. $429,000. Open house Sunday 2 to 4 p.m.
173 Sunset Avenue: 3 beds, 2 baths. Ranch with remodeled kitchen, baths, HVAC. Cut another $20,000 to $449,000. Open house Sunday 1 to 4 p.m.
73 Fairway Avenue: 5 beds, 3 1/2 baths. Eat-in kitchen opens to yard, in-ground pool. $599,000. Open house Sunday 1 to 5 p.m.
83 Oakridge Road: 4 beds, 3 baths. Huge kitchen, huge sun room, finished basement. $899,900. Open house Saturday, 11 a.m. to 3 p.m.

Price Changes
112 Sunset Avenue: 3 beds, 2 baths. Eat-in kitchen, newer windows. Cut $29,900 to $350,000.
173 Sunset Avenue: 3 beds, 2 baths. Ranch with remodeled kitchen, baths, HVAC. Cut another $20,000 to $449,000. Open house Sunday 1 to 4 p.m.

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Virginia Citrano
Virginia Citrano
Virginia Citrano grew up in Verona. She moved away to write and edit for The Wall Street Journal’s European edition, Institutional Investor, Crain’s New York Business and Since returning to Verona, she has volunteered for school, civic and religious groups, served nine years on the Verona Environmental Commission and is now part of Sustainable Verona. She co-founded MyVeronaNJ in 2009. You can reach Virginia at [email protected]


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