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Five-Unit Mixed-Use Building

125 Bloomfield Ave, Newark, NJ 07104

For Sale
New
$649,000

Two ground-floor commercial units sit beneath three apartments on Bloomfield Avenue in Newark.

Property SizeContact for details
Days on Market3

Property Features for 125 Bloomfield Ave

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Mt Pleasant
Mixed-Use Components retail, residential

Additional Details

Asking Price $649,000
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $16,835

Amenities

Central air
Baseboard - Hotwater Heating
Flat Roof
Wall A/C Unit(s) Cooling

Building Details

Buildings 1
Tenancy Multi
Listing Agency: PROMINENT PROPERTIES SIR
Listed By: TAREK HASSIEB · License NJ #1648869
Source: Corcoran
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 5:54PM

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 PROMINENT PROPERTIES SIR

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This five-unit mixed-use property combines two street-level commercial spaces with three apartments. The arrangement brings storefront and residential components together in one building.

The property is located on Bloomfield Avenue in Newark, New Jersey.

Key Highlights

  • Five‑unit building with two commercial spaces and three apartments
  • Street‑level commercial units on Bloomfield Avenue in Newark

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Druckman & Hernandez Law Firm

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,671
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Newark, NJ

$377 Jul
$403 Aug
$217 Sep
$212 Oct

Properties on Market for Mixed-use properties in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor commercial units sit beneath three apartments on Bloomfield Avenue in Newark.
Where is this mixed-use property located?
The property is located at 125 Bloomfield Ave Newark, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Five‑unit building with two commercial spaces and three apartments; Street‑level commercial units on Bloomfield Avenue in Newark
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