Commercial Real Estate for Sale at 545 Bloomfield Ave in Bloomfield Twp., NJ for $1,549,000

Listing data updated February 20, 2026 - 7:50pm
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545 Bloomfield Ave | Bloomfield Twp.

$1,549,000 | 3 Baths (3 Half) | 3,400 Sq. Ft.

Prime mixed-use investment opportunity located in the heart of the Bloomfield Business District. This 2-story building offers 3 total units, including a ground-floor retail space, a 2-bedroom / 1-bath residential unit, and a second-floor office space, providing diversified income potential. The property operates at a 4.46% cap rate, with financial statements available upon request. Units on 2nd Floor are M2M and currently rented well below market value. Zoned BCR2, Redevelopment Zone, allowing for up to 8 stories, making this an excellent opportunity for investors, developers, or owner-users seeking long-term upside. Ideally situated near shopping, dining, public transportation, and major commuter routes, this property benefits from strong visibility, foot traffic, and continued demand in a growing commercial corridor. Excellent cash flow with significant redevelopment potential. GSMLS 4007552

Directions to property: On Bloomfield between Washington and Conger St.

MLS Listing ID: 
GSMLS 4007552
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,549,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Bloomfield Twp.
Address: 
545 Bloomfield Ave, Bloomfield Twp., NJ 07003-3301, U.S.A.
County: 
Essex
Latitude: 
40.7929804
Longitude: 
-74.1970529
Directions: 
On Bloomfield between Washington and Conger St.
Public Remarks: 
Prime mixed-use investment opportunity located in the heart of the Bloomfield Business District. This 2-story building offers 3 total units, including a ground-floor retail space, a 2-bedroom / 1-bath residential unit, and a second-floor office space, providing diversified income potential. The property operates at a 4.46% cap rate, with financial statements available upon request. Units on 2nd Floor are M2M and currently rented well below market value. Zoned BCR2, Redevelopment Zone, allowing for up to 8 stories, making this an excellent opportunity for investors, developers, or owner-users seeking long-term upside. Ideally situated near shopping, dining, public transportation, and major commuter routes, this property benefits from strong visibility, foot traffic, and continued demand in a growing commercial corridor. Excellent cash flow with significant redevelopment potential.
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1890
Living Area: 
3,400
Basement: 
Storage
Construction
Construction Materials: 
See Remarks
Roof: 
Rubberized, See Remarks
Exterior: 
Concrete
Energy Information: 
Electric, Gas-Natural, See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
3
Total Half-Bathrooms: 
3
Utilities
Information about utilities available on the property.
Heating System: 
3 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
3 Units
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.05
Lot Size (Dimensions): 
29X80
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking
Parking Type: 
On-Street Parking
Public Record
Parcel Number: 
1602-00311-0000-00005-0000-
Lot Number: 
5
Annual Tax: 
$12,909.00
Property Zoning: 
BCR2
Contract Details
Details about the listing contract.
Possession: 
0-30 Days
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
UNITED REAL ESTATE

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