220 Bloomfield Ave Montclair, NJ 07042

Building Details

Year Built

1945

Listing office WEICHERT RLTRS RDG Show Phone

Listing date Apr 4, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This mixed-use property is located in downtown Montclair. The first floor offers approximately 2,500 square feet of retail space with a full basement and one bathroom, providing direct access to the backyard. The retail space is delivered vacant, offering flexibility for retail, restaurant, or service use. Market comparables along Bloomfield Avenue indicate a potential rental income of approximately $45 per square foot. The second floor features two one-bedroom, one-bath apartments, currently leased and generating $3,333 per month in rental income through February 2027. The property is situated in a high-traffic location, close to shops, restaurants, and public transit. The property size is 3,572 square feet. This property is suitable for an investor or an owner looking for a versatile space with both income and long-term growth potential.

Key Highlights

• Prime downtown Montclair location with high foot traffic, close to shops, restaurants, and public transit.
• Significant income potential: Retail space estimated at $45/SF, plus $3,333/month from existing apartments.
• Mixed‑use property offering retail space and two residential apartments.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with retail space and apartments in prime location.

Where is this mixed-use property located?

The property is located at 220 Bloomfield Ave Montclair, NJ.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Prime downtown Montclair location with high foot traffic, close to shops, restaurants, and public transit.; Significant income potential: Retail space estimated at $45/SF, plus $3,333/month from existing apartments.; Mixed‑use property offering retail space and two residential apartments.