25 Prospect Street

Exceptional Development Opportunity on Prospect Street—Bloomfield, NJ A rare offering in the heart of Bloomfield, NJ. 21–25 Prospect Street comprises a .14-acre corner parcel listed at $499,000, zoned R-2B, allowing for single- or two-unit residential development. This 6,098 sq ft lot is ideally located on a quiet, tree-lined street in the desirable Watsessing neighborhood. The property falls within the Bloomfield Public School District, just a 5-minute walk from Watsessing Elementary School, and is zoned for Bloomfield Middle and High Schools. Commuters will appreciate the property’s close proximity—only 0.3 miles—to the Watsessing Avenue NJ Transit Station, offering direct rail access to New York Penn Station in about 32 minutes, as well as multiple NJ Transit bus routes nearby (92, 72). Nearby amenities include Stop & Shop, ShopRite, Trader Joe’s, CVS, and Walgreens, all within 1.5 miles. The property is also steps from the 69-acre Watsessing Park, offering green space, playgrounds, sports fields, and walking trails. Moments from the shops, restaurants, and cultural attractions of Bloomfield Center and neighboring Montclair, this parcel offers unmatched location, community access, and development flexibility. With strong housing demand and ongoing neighborhood revitalization, 21–25 Prospect Street presents a high-potential opportunity to build a custom residence or income-producing property in a thriving North Jersey market.