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Bloomfield Mixed-Use Investment Opportunity
For Sale
$500,000

7 Watsessing Ave, Bloomfield, NJ 07003

Mixed-use property in Bloomfield, New Jersey available for sale.

Property Size4,980 SF
Days on Market169

Property Features for 7 Watsessing Ave

General Information

Standard status Active
Size 4,980 SF
Property subtype Mixed-Use
Occupancy 100%

Amenities

Auction - October 19-21 | Starting Bid: $500,000
4,980 Square Foot Mixed-Use Building with Ground-Floor Retail and Residential Units Above
Two-Story Structure Plus Basement
Originally Constructed in 1913 and Renovated in 2024

Building Details

Building Size 4,980 SF
Units 4
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Alan Cafiero · License #License(s): NJ: 0791092
Source: Marcusmillichap
Added: Mar 27 Changed: Aug 23 Last Checked: Sep 10 at 5:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - New Jersey

Investment Insights

Based on property information with market context.

The property at 7-9 Watsessing Avenue, Bloomfield, Essex County, New Jersey is available for sale. This property is classified as a mixed-use property, retail space, and residential income property.

Key Highlights

  • Located at 7‑9 Watsessing Avenue, Bloomfield, Essex County, New Jersey.
  • Exclusively presented by Marcus & Milichap.
  • Year Built: 1913

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Tech Support Center Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 07003, NJ

52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,992
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Bloomfield, New Jersey available for sale.
Where is this mixed-use property located?
The property is located at 7 Watsessing Ave Bloomfield, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Located at 7‑9 Watsessing Avenue, Bloomfield, Essex County, New Jersey.; Exclusively presented by Marcus & Milichap.; Year Built: 1913
More about this property
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