500 Bloomfield Street presents a rare opportunity to acquire a corner mixed-use asset in one of the most supply-constrained submarkets in the Hoboken.
Positioned just one block off Washington Street, the property benefits from immediate access to Hoboken’s primary retail, dining, and pedestrian corridor while maintaining a quieter neighborhood setting.
This ±2,580 SF building consists of:
- Ground Floor: Fully built-out doctor’s office (ideal for continued medical/professional use) with reception area and waiting room, 3 exam rooms, one office, one lab and one employee break room.
- Second Floor: Residential apartment contains 2 bedrooms and 1 bathroom.
- Corner Lot Exposure: Excellent natural light and visibility
- Located within the R-1 zoning district, the asset offers a compelling blend of in-place utility + long-term repositioning optionality, subject to approvals.
- Could be re-developed into first floor apartments.
Investment Highlights
- Corner positioning - Enhanced light, air, and visibility (premium in Hoboken)
- Functional mixed-use layout - Live/work or income-producing configuration
- Proximity to Washington Street - Retail adjacency without direct congestion
- Barrier-to-entry market - Limited new supply in low-density zones
- Strong residential demand - Consistent rental upside for second-floor unit