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    545 Bloomfield Ave Bloomfield, NJ 07003

    For Sale
    $1,600,000

    Commercial - Bloomfield Twp., NJ

    Property size:
    1,161 SF
    Lot size:
    0.05 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 545 Bloomfield Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Bcr2
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,161 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    3
    Building materials
    Concrete, See Remarks
    Architectural style
    Other

    Century 21 Gemini REO Group (973) 890-0500 [email protected]

    Listing agent ONYEMAECHI OKAFOR (973) 744-2700

    Listing date Nov 19, 2025

    MLS# 3990986 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 Development Opportunity

    This property presents an unparalleled development opportunity. Located in the highly sought-after BCR2 zone, this contiguous parcel offers the potential to construct a mixed-use building. The design allows for a ground-floor retail space topped by eight stories of residential apartments, reaching up to 110 feet. The location offers connectivity, being just five minutes from amenities like train stations and City Hall. This property is a strategic investment in a thriving community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    THAMLEV Manufacturer Yepeds E-Bikes Bicycle Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.197029154748
    Latitude
    40.792675375372

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location for mixed-use development with retail and residential potential.
    Where is this mixed-use property located?
    The property is located at 545 Bloomfield Ave Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Unparalleled development opportunity in the highly sought-after BCR2 zone.; - Build a mixed-use building with ground-floor retail and eight stories of residential apartments.; - Building height potential of up to 110 feet.
    (973) 744-2700
    Request Owner's contact information
    545 Bloomfield Ave 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
    545 Bloomfield Ave Bloomfield, NJ 07003
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