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

Newark, NJ, 07107
$ 1,250,000
Bedrooms-- Baths-- Sq 5,218

Monthly Estimate*

$ 7,893

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Commercial Property for sale in Newark, NJ

for $1,250,000 with 5 half baths. This 5,218 square foot building 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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Commercial Active

Price

$ 1,250,000

Half Bath

5

Property Type

Commercial

Taxes

$ 11,029

Style

Apartment Complex

Lot Size

0.07

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

4046605
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession Upon Closing
Roof Rubberized
Zoning C2
Garage Spaces 5
Year Built 1920
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Business District Residential Area
County Essex
Subdivision Name Upper Roseville
Status Active
Directions Bloomfield Ave. to North 11th St.
Number Of Units Total 5
Tax Annual Amount 11029
Drive 1 Car Width Blacktop
Leasable Area 0
Standard Status Active
Tax Assessed Value 275800
Town # 1614
Tax Lot 24
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Interior
Basement Finished-Partially Full
Fuel Type Gas-Natural
Total Stories 2
Half Baths 5
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Exterior
Water Source Public Water
Total Parking 5
Exterior Description Brick/Block
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,250,000 Listed Price

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531 Bloomfield Ave, Newark, NJ, 07107 is a Commercial Property for sale at $1,250,000 with 5,218 sqft and a lot size of 0.07. 531 Bloomfield Ave was built in 1920. The property's zip code is 07107 which is in Newark, NJ

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