531 Bloomfield Ave Newark, NJ $ 1,250,000
531 Bloomfield Ave
$ 1,250,000
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531 Bloomfield Ave

Newark, NJ, 07107
$ 1,250,000
Bedrooms8 Baths5.0 Sq 5,218

Monthly Estimate*

$ 7,893

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Multi-Family Home for sale in Newark, NJ

for $1,250,000 with 8 bedrooms and 5 full baths. This 5,218 square foot home was built in 1920 on a lot size of 0.07.

Located in the Upper Roseville Newark section at the Belleville border near Branch Brook Park. This is a fully occupied 5-unit apartment building. There are three 2-Bedroom units and two 1-Bedroom units. The fenced in parking lot has room for 5 cars. The building faces 536 North 11th St., Newark. The owners have received a variance for the property to build a 5-story, 10-unit building. The main building entrance is at 536 N 11th St. AKA 536 North 11th St. The State has a green card for a 5-unit building, and Newark's deemed this as a 4-unit complex. There are 5 Electric//Gas meters & 5 water heaters. Reach out for more information on the variance to redevelop the property as a 5-story, 10-unit building.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,029

Style

2-Two Story

Lot Size

0.07

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

4046445

Features
General
Sewer Public Sewer
Heating 1 Unit
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession Upon Closing
Roof Rubberized
Water Heater Gas
Zoning C2
Architectural Style 2-Two Story
Year Built 1920
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Upper Roseville Submarket
Total Rooms 16
Full Baths 5
Status Active
Directions Bloomfield Ave. to North 11th St.
Open Parking Spaces 5
Number Of Units Total 4
Tax Annual Amount 11029
Home Warranty Y/N No
Drive Blacktop Fencing
Standard Status Active
Tax Assessed Value 275800
Town # 1614
Tax Lot 24
Farm Assessment No
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Interior
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Brick
Building Area Total 5218
Lot Dimensions 30X103.7
Lot Size Acres 0.07
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* Excluded Features
List By
DONN MCDONALD

Listing Agent

Coldwell Banker Realty

Broker

donn.mcdonald@cbmoves.com

Email

Affordability Calculator

$8,812
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,893
Monthly Property Taxes
$919
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
8/12/2026$1,250,000 Listed Price

Map


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531 Bloomfield Ave, Newark, NJ, 07107 is a Multi-Family Home for sale at $1,250,000 with 5,218 sqft and a lot size of 0.07. 531 Bloomfield Ave has 8 bedrooms, 5.0 baths, and was built in 1920. The property's zip code is 07107 which is in Newark, NJ