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Bloomfield Avenue Mixed-Use Investment
For Sale
$750,000

148 Bloomfield Ave, Newark, NJ 07104

Mixed-use property with storefront and two apartments in Newark.

Property Size4,561 SF
Price / SF$164.44
Days on Market487

Property Features for 148 Bloomfield Ave

General Information

Standard status Active
Size 4,561 SF

Taxes and HOA fees

Annual Taxes $11,089

Building Details

Year Built 1900
Listing Agency: 3SIXTY REALTY LLC
Listed By: GRISELLE PONCE
Source: Corcoran
Added: May 1, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 3SIXTY REALTY LLC

Investment Insights

Based on property information with market context.

Located on Bloomfield Avenue in Newark, this mixed-use property presents an investment opportunity. The property includes a storefront and two apartments. Each apartment features five bedrooms and two full bathrooms. The tenants are currently on month-to-month leases, and the property will not be delivered vacant. The property is located in proximity to public transportation options, including bus routes and Newark Penn Station.

Key Highlights

  • Prime commercial property on Bloomfield Ave in Newark.
  • Strategic location with high potential for investors.
  • Proximity to public transportation, including bus routes and Newark Penn Station.

Property Analytics

Current Use

Bloomfield Fried Chicken Restaurant Alexis' Bar & Marisqueria Bar & Pub

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Gym & Fitness Center Veterinary Clinic (Bike/Boat/Book/etc) Store

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

1,671
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with storefront and two apartments in Newark.
Where is this mixed-use property located?
The property is located at 148 Bloomfield Ave Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime commercial property on Bloomfield Ave in Newark.; Strategic location with high potential for investors.; Proximity to public transportation, including bus routes and Newark Penn Station.
More about this property
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