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545 Bloomfield Ave Bloomfield, NJ $ 1,549,000
545 Bloomfield Ave
$ 1,549,000
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545 Bloomfield Ave

Bloomfield, NJ, 07003
$ 1,549,000
Bedrooms-- Baths-- Sq 3,400

Monthly Estimate*

$ 9,537

Commercial Property for sale in Bloomfield, NJ

for $1,549,000 with 3 half baths. This 3,400 square foot building was built in 1890 on a lot size of 0.05.

Prime mixed-use investment opportunity located in the heart of the Bloomfield Business District. This 2-story building offers 3 total units, including a ground-floor retail space, a 2-bedroom / 1-bath residential unit, and a second-floor office space, providing diversified income potential. The property operates at a 4.46% cap rate, with financial statements available upon request. Units on 2nd Floor are M2M and currently rented well below market value. Zoned BCR2 ? Redevelopment Zone, allowing for up to 8 stories, making this an excellent opportunity for investors, developers, or owner-users seeking long-term upside. Ideally situated near shopping, dining, public transportation, and major commuter routes, this property benefits from strong visibility, foot traffic, and continued demand in a growing commercial corridor. Excellent cash flow with significant redevelopment potential.

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Commercial Active

Price

$ 1,549,000

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

4007552

Features
General
Sewer Public Sewer
Construction See Remarks
Heating 3 Units
Cooling 3 Units
Utilities Electric Gas-Natural See Remarks
Possession 0-30 Days
Roof Rubberized 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
County Essex
Status Active
Directions On Bloomfield between Washington and Conger St.
Number Of Units Total 3
Tax Annual Amount 12909
Drive On-Street Parking
Leasable Area 1700
Standard Status Active
Tax Assessed Value 380600
Town # 1602
Tax Lot 5
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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
Building Area Total 3400
Lot Dimensions 29X80
Lot Size Acres 0.05
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* Excluded Features
List By
JOSE TRINIDAD

Listing Agent

United Real Estate

Broker

jmtrinid@gmail.com

Email

Affordability Calculator

$10,613
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,537
Monthly Property Taxes
$1,076
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/31/2026$1,549,000 Listed Price

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545 Bloomfield Ave, Bloomfield, NJ, 07003 is a Commercial Property for sale at $1,549,000 with 3,400 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