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Mixed-Use Property with Retail Stores
For Sale
$1,300,000

188-192 Bloomfield, Newark, NJ 07104

Mixed-use property featuring retail stores and development potential.

Property SizeContact for details
Days on Market210

Property Features for 188-192 Bloomfield

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,010

Amenities

Baseboard Heating
Central Air Heating
Gas Heating
Listing Agency: WEICHERT REALTORS, TENAFLY-CRESSKILL
Listed By: LASANDA SHEPPY
Source: Corcoran
Added: Jan 13 Changed: Aug 10 Last Checked: Aug 10 at 3:13AM

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 WEICHERT REALTORS, TENAFLY-CRESSKILL

Investment Insights

Based on property information with market context.

This property features three retail stores with rental potential. Additionally, there is a building suitable for conversion into mixed-use spaces or apartments, offering possibilities for various development projects.

Key Highlights

  • Three existing retail stores with rental income potential.
  • Building suitable for mixed‑use development.
  • Potential for apartment conversion.

Property Analytics

Current Use

Storefront properties

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,767
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 29% Groceries 8% Electronics 3%
Exxon Shops & Services
17,016 visits/mo 0.3 miles
AutoZone Shops & Services
13,201 visits/mo 0.4 miles
Food Fair Fresh Market Groceries
11,554 visits/mo 0.5 miles
Burger King Dining
11,362 visits/mo 0.4 miles
BP Shops & Services
10,746 visits/mo 0.1 miles

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 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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Similar Off Market Nearby

  • Jely's multiservices 51 Bloomfield Ave, Newark, NJ 07104
  • Floristeria Jely's Multiservice & Flowers llc 51 Bloomfield Ave, Newark, NJ 07104
  • Magnolia Florist 5 Webster St, Newark, NJ 07104

Frequently Asked Questions

What type of property is this?
Storefront property - Mixed-use property featuring retail stores and development potential.
Where is this storefront property located?
The property is located at 188-192 Bloomfield Newark, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three existing retail stores with rental income potential.; Building suitable for mixed‑use development.; Potential for apartment conversion.
More about this property
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