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545 Bloomfield Ave Bloomfield, NJ $ 1,600,000
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$ 1,600,000 Get more info
545 Bloomfield Ave
$ 1,600,000
Back to search
Share Save

545 Bloomfield Ave

Bloomfield, NJ, 07003
$ 1,600,000
Bedrooms-- Baths-- Sq 2,321

Monthly Estimate*

$ 9,982

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Commercial Property for sale in Bloomfield, NJ

for $1,600,000 with 3 half baths. This 2,321 square foot building was built in 1890 on a lot size of 0.05.

This is an unparalleled development opportunity at 543 & 545 Bloomfield Ave! This prime, contiguous parcel in the highly sought-after BCR2 zone offers a builder the rare potential to construct a mixed-use masterpiece: a vibrant ground-floor retail space topped by eight stories of residential apartments, reaching an impressive height of up to 110 feet. Imagine the possibilities for a landmark building in a location that boasts exceptional connectivity, being just five minutes from essential amenities like train stations and City Hall. This is not just a property; it's a strategic investment in a thriving community, poised for significant returns.Rent rolls available

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Commercial Active

Price

$ 1,600,000

Half Bath

3

Property Type

Commercial

Taxes

$ 12,909

Style

MixedUse

Lot Size

0.05

Year Built

1890

Town/City

Bloomfield

County/Region

Essex

MLS | Web ID

3990986
Features
General
Sewer Public Sewer
Construction See Remarks
Heating 1 Unit
Cooling 1 Unit
Utilities All Underground
Possession Asap
Roof See Remarks
Zoning Bcr2
Year Built 1890
Township Bloomfield Twp.
Property Type Mixed Use Store With Apartment Strip/Shopping Center MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District
Lease Information Month-To-Month
Gross Income 81600
County Essex
Net Operating Income 63531
Operating Expense 18069
MaintenanceExpense 0
Status Active
Directions Next to cousin's pizza
Number Of Units Total 3
Tax Annual Amount 12909
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 380600
Town # 1602
Tax Lot 5
Cap Rate 3.97
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Interior
Basement Storage
Fuel Type Gas-Natural
Total Stories 2
Half Baths 3
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Exterior
Water Source Public Water
Exterior Description Concrete See Remarks
Building Area Total 1161
Lot Dimensions 29X80
Lot Size Acres 0.05
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* Excluded Features
List By
ONYEMAECHI OKAFOR

Listing Agent

C-21 Gemini, Llc.

Broker

Onyokafor@gmail.com

Email

Affordability Calculator

$11,058
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$1,076
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2025$1,600,000 Listed Price

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545 Bloomfield Ave, Bloomfield, NJ, 07003 is a Commercial Property for sale at $1,600,000 with 2,321 sqft and a lot size of 0.05. 545 Bloomfield Ave was built in 1890. The property's zip code is 07003 which is in Bloomfield, NJ

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