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    19 Franklin St Bloomfield, NJ 07003

    For Sale
    $2,100,000

    Commercial - Bloomfield Twp., NJ

    Lot size:
    0.11 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 19 Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Parking features
    Parking Lot
    Basement Y/N
    1
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1983
    Floors in Building
    2
    Number of units
    4
    Building materials
    Block, Brick
    Architectural style
    Other

    UNITED REAL ESTATE (888) 501-6953 [email protected]

    Listing agent ANDREIA F. MELNIKOFF (888) 501-6953

    Listing date Oct 1, 2025

    MLS# 3970115 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomfield Mixed-Use Income Property

    Located in Bloomfield, this mixed-use commercial building at 19 Franklin Street features six income-generating rentals. The property was fully renovated in 2023, and offers modern finishes. The building includes three 2-bedroom, 1-bath residential units on the second floor. The first floor hosts a fully leased retail storefront. The garage and basement are also rented. Each residential space includes stainless steel appliances, new cabinetry, and hardwood flooring. In-unit laundry provides added convenience for tenants. Security surveillance cameras are installed. The property offers six private parking spaces. Situated across the street from a shopping center, a bank, restaurants, and a bus station, the property benefits from foot traffic, high visibility, and accessibility for commuters and shoppers. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warriors Dojo Karate School Laborers' International Union Labor Union Creative Approach Design Interior Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.183313846588
    Latitude
    40.783823469493

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with six income-generating rentals in Bloomfield.
    Where is this mixed-use property located?
    The property is located at 19 Franklin St Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Fully renovated in 2023 with modern finishes and strong tenant appeal.; - Six income-generating rentals: three 2-bedroom residential units, a retail storefront, a garage, and a basement.; - Strategically located across from a shopping center, bank, restaurants, and bus station, offering high visibility and accessibility.
    (888) 501-6953
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    19 Franklin St Bloomfield, NJ 07003
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    Bloomfield, NJ 07003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Franklin St Bloomfield, NJ 07003
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