402-406 Bloomfield Ave Bloomfield, NJ $ 1,699,000
402-406 Bloomfield Ave
$ 1,699,000
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402-406 Bloomfield Ave

Bloomfield, NJ, 07003
$ 1,699,000
Bedrooms-- Baths-- Sq 4,885

Monthly Estimate*

$ 11,735

402-406 Bloomfield Ave, Bloomfield, NJ 07003 - Image 1
402-406 Bloomfield Ave, Bloomfield, NJ 07003 - Image 2
402-406 Bloomfield Ave, Bloomfield, NJ 07003 - Image 3
402-406 Bloomfield Ave, Bloomfield, NJ 07003 - Image 4
402-406 Bloomfield Ave, Bloomfield, NJ 07003 - Image 5

Commercial Property for sale in Bloomfield, NJ

for $1,699,000 with 9 half baths. This 4,885 square foot building was built in 1890 on a lot size of 0.21.

Well-maintained mixed-use investment property in a prime Bloomfield location featuring 9 units ? six residential apartments and three street-level commercial spaces, plus additional income-producing parking. The residential mix includes three one-bedroom and three two-bedroom apartments. The property underwent extensive renovations in 2019, including updates to the roof, siding, exterior stonework, apartments and common areas, as well as windows, doors, kitchens, baths, flooring and baseboard heating. Units are separately metered, with residential tenants responsible for their own heat and electric while the owner provides hot and cold water. Two large-capacity water heaters serve the building. Ideally positioned along the Bloomfield Avenue corridor with convenient access to NYC transportation, shopping, dining and major highways including the Garden State Parkway. A strong mixed-use asset offering established income with additional upside potential.

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Commercial Active

Price

$ 1,699,000

Half Bath

9

Property Type

Commercial

Taxes

$ 36,920

Style

MixedUse

Lot Size

0.21

Year Built

1890

Town/City

Bloomfield

County/Region

Essex

MLS | Web ID

4056871

Features
General
Sewer Public Sewer
Construction Wood
Heating 4+ Units Baseboard - Electric
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession TBD
Roof Flat
Zoning CBD
Garage Spaces 10
Year Built 1890
Township Bloomfield Twp.
Property Type Mixed Use MixedUse
Tax Year 2025
Ownership Fee Simple
Location Business District
Gross Income 170620
County Essex
Net Operating Income 106414
Operating Expense 64206
Subdivision Name Bloomfield Center
Status Active
Directions Bloomfield Ave.
Number Of Units Total 9
Tax Annual Amount 36920
Drive Assigned Blacktop
Leasable Area 0
Standard Status Active
Tax Assessed Value 1000000
Town # 1602
Tax Lot 31
Cap Rate 6.26
Farm Assessment No
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Interior
Basement Full
Flooring Laminate Tile Wood
Fuel Type Electric Gas-Natural
Total Stories 2
Half Baths 9
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Wood
Building Area Total 4885
Lot Dimensions 77 X 120
Lot Size Acres 0.21
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* Excluded Features
List By
ROY CASTRO

Listing Agent

Realty One Group Living

Broker

ROY@ROGLIVING.COM

Email

Affordability Calculator

$14,811
Per Month
79%
21%
0%
Monthly Principal & Interest
$11,735
Monthly Property Taxes
$3,077
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,699,000 Listed Price

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402-406 Bloomfield Ave, Bloomfield, NJ, 07003 is a Commercial Property for sale at $1,699,000 with 4,885 sqft and a lot size of 0.21. 402-406 Bloomfield Ave was built in 1890. The property's zip code is 07003 which is in Bloomfield, NJ