Property

Bloomfield Twp., NJ 07003 545 Bloomfield Ave

$1,400,000

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Presented By: C-21 GEMINI, LLC.; 973-744-2700
  • MLS# 3990986
  • 10/06/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 3
  • SQFT • 2,321

Home Details

This is an unparalleled development opportunity at 543 & 545 Bloomfield Ave! This prime, contiguous parcel in the highly sought-after BCR2 zone offers a builder the rare potential to construct a mixed-use masterpiece: a vibrant ground-floor retail space topped by eight stories of residential apartments, reaching an impressive height of up to 110 feet. Imagine the possibilities for a landmark building in a location that boasts exceptional connectivity, being just five minutes from essential amenities like train stations and City Hall. This is not just a property; it's a strategic investment in a thriving community, poised for significant returns.Rent rolls available
Presented By: C-21 GEMINI, LLC.; 973-744-2700

Interior Features for 545 Bloomfield Ave

Bathrooms

Half Baths3

Other Interior Features

Price Per Sq Ft603.18
Available Sq Ft2321
Num 2 Bdrm Units2
Num 1 Bdrm Units3
BasementStorage
Fuel TypeGas-Natural
Total Stories2

General for 545 Bloomfield Ave

Cap Rate4.50
ConstructionSee Remarks
Cooling1 Unit
CountyEssex
DirectionsNext to cousin's pizza
Documents AvailableSurvey
DriveOn-Street Parking
EasementUnknown
Equipment AvailableSee Remarks
Gross Income81600
Heating1 Unit
Leasable Area
Lease InformationMonth-To-Month
LocationBusiness District
MaintenanceExpense
Net Operating Income63531
Num Apts2
Number Of Units Total3
Operating Expense18069
OwnershipFee Simple
PossessionAsap
Property TypeMixed Use, Store With Apartment, Strip/Shopping Center
Property TypeMixedUse
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12909
Tax Assessed Value380600
Tax Lot5
Tax Year2024
Town #1602
TownshipBloomfield Twp.
UtilitiesAll Underground
Utilities Paid ByLandlord
Year Built1890
ZoningBcr2

Exterior for 545 Bloomfield Ave

Building Area Total1161
Exterior DescriptionConcrete, See Remarks
Lot Dimensions29X80
Lot Size Acres0.05
Max Ceiling Height1
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $1,400,000
MLS#3990986
List Date 10/06/2025
Property Type Commercial
Phone (973) 332-3023
Request Tour
Request Info
Visit My Website

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