17 Maolis Ave Bloomfield, NJ $ 1,600,000
17 Maolis Ave
$ 1,600,000
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17 Maolis Ave

Bloomfield, NJ, 07003
$ 1,600,000
Bedrooms-- Baths-- Sq 7,777

Monthly Estimate*

$ 10,103

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Commercial Property for sale in Bloomfield, NJ

for $1,600,000 with 5 half baths. This 7,777 square foot building was built in 1915 on a lot size of 0.08.

Attention savvy investors and owner-occupiers: welcome to 17 Maolis Avenue, a premier cash-flowing asset nestled on a prime corner lot right by the scenic Watsessing Park. This building offers an incredibly stable and diversified rental income stream with a total tenancy of 4 units, consisting of 3 residential apartments plus the anchor 1st-floor restaurant, deli, or bar space. The commercial storefront is currently vacant and primed to maximize your returns, featuring brand-new exhaust hoods and essential kitchen miscellaneous setups ready for immediate build-out. For added income, the property also includes a rented-out detached garage. Tenants will love the park-adjacent lifestyle, excellent neighborhood visibility, and quick access to local transit. With separate utilities and multiple revenue streams in a highly desirable Bloomfield market, this turnkey asset is a portfolio crown jewel. Inquire today before it's gone!

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Commercial Active

Price

$ 1,600,000

Half Bath

5

Property Type

Commercial

Taxes

$ 10,030

Style

RestBar

Lot Size

0.08

Year Built

1915

Town/City

Bloomfield

County/Region

Essex

MLS | Web ID

4045462

Features
General
Sewer See Remarks
Construction See Remarks
Heating See Remarks
Cooling See Remarks
Utilities All Underground
Possession TBD
Roof See Remarks
Zoning Commercial
Garage Spaces 2
Year Built 1915
Tenant Pays Electric Water
Township Bloomfield Twp.
Property Type Mixed Use Office/Retail Restaurant/Bar RestBar
Tax Year 2025
Ownership Fee Simple
Location Corner Residential Area See Remarks
Lease Information See Remarks
Gross Income 108000
County Essex
Net Operating Income 95532
Operating Expense 12468
MaintenanceExpense 0
Status Active
Directions 2 blocks on the corner from the park
Number Of Units Total 4
Tax Annual Amount 10030
Drive 2 Car Width Off-Street Parking Parking Lot-Exclusive
Leasable Area 7777
Standard Status Active
Tax Assessed Value 287500
Town # 1602
Tax Lot 11
Cap Rate 6.00
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Interior
Basement Partial
Fuel Type See Remarks
Total Stories 2
Half Baths 5
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Exterior
Water Source See Remarks
Exterior Description See Remarks Vinyl Siding
Building Area Total 7777
Lot Dimensions 35 X 101
Lot Size Acres 0.08
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* Excluded Features
List By
ONYEMAECHI OKAFOR

Listing Agent

Realty 33, Llc

Broker

Onyokafor33@gmail.com

Email

Affordability Calculator

$10,938
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$836
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/7/2026$1,600,000 Listed Price

Map


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17 Maolis Ave, Bloomfield, NJ, 07003 is a Commercial Property for sale at $1,600,000 with 7,777 sqft and a lot size of 0.08. 17 Maolis Ave was built in 1915. The property's zip code is 07003 which is in Bloomfield, NJ