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Mixed-Use Property with Restaurant
For Sale
Contact for pricing

173 Bloomfield Avenue, Nutley, NJ 07110

Three adjoining lots include an operating food-service and market setup with commercial and residential use potential.

Property SizeContact for details
Lot Size0.51 Acres
Days on Market143

Property Features for 173 Bloomfield Avenue

General Information

Standard status Active
Lot size 0.51 Acres
Property subtype Mixed Use, Land, Retail
Zoning B-2

Additional Details

Business Included Yes
Land Use commercial, mixed-use, residential
Equipment Included Yes
Listing Agency: Elite Realtors of NJ
Listed By: Randy Aivazis · License #NJ 0337285
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:19PM

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 Elite Realtors of NJ

Investment Insights

Based on property information with market context.

This mixed-use property at 173 Bloomfield Avenue includes three lots measuring 132x95, 52x95, and 52x95, together with an existing restaurant, deli, pizzeria, and Italian market. The business dates to 1930, and the building and equipment are included. The configuration supports continued food-service and retail operations while offering a larger redevelopment footprint across the assembled lots.

The property is located in Nutley, NJ, across from newly constructed apartment buildings with stores. B-2 zoning permits neighborhood retail stores, professional and business offices, bars and taverns, restaurants other than drive-in or fast-food establishments, take-out food establishments, financial institutions without drive-in facilities, discount stores, commercial schools, and automobile parking lots. Residential occupancy is permitted on the second floor of business buildings, and mixed-use commercial and residential buildings are also allowed.

Key Highlights

  • Three lots measuring 132x95, 52x95, and 52x95
  • Existing restaurant, deli, pizzeria, and Italian market
  • Business established in 1930

Property Analytics

Current Use

Proponent Federal Credit ... Credit Union

Suggested Use

Top Pick Law Firm Real Estate Agency Food Market Skin Care Clinic (Bike/Boat/Book/etc) Store Hotel & Motel

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Electronics 5%
Dollar Tree Shops & Services
29,917 visits/mo 0.5 miles
Verizon Electronics
1,695 visits/mo 0.5 miles

Demographics for 07110, NJ

30,149
Population
11,981
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
8,867
Density / Sq Mi
$115,215
Median Household Income
$67,621
Median Earnings
$1,698
Median Rent
$489,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three adjoining lots include an operating food-service and market setup with commercial and residential use potential.
Where is this mixed-use property located?
The property is located at 173 Bloomfield Avenue Nutley, NJ.
What are key features of this property?
This property features: Three lots measuring 132x95, 52x95, and 52x95; Existing restaurant, deli, pizzeria, and Italian market; Business established in 1930
More about this property
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