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    Bloomfield Development Opportunity on Prospect Title is generated by Realmo AI

    25 Prospect, Bloomfield, NJ 07003

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    For Sale
    $499,000

    0.14-acre corner parcel zoned R-2B for residential development.

    Added:
    Jun 11, 2025
    Days on Market:
    366
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 25 Prospect

    General Information

    Standard status
    Active

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    Listing Contact
    VERONICA FAIRWEATHER

    Listing agent VERONICA FAIRWEATHER

    Listing office EXP REALTY, LLC

    Listing date Jun 11, 2025

    Source Corcoran

    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 EXP REALTY, LLC

    HighLights

    • Development opportunity in a desirable location: Zoned R‑2B for single- or two‑unit residential development in Bloomfield's thriving Watsessing neighborhood.
    • Excellent Commuter Location: Just 0.3 miles to Watsessing Avenue NJ Transit Station, offering direct rail access to New York Penn Station in approximately 32 minutes.
    • Convenient Access to Amenities: Close proximity (within 1.5 miles) to grocery stores, pharmacies, and the shops/restaurants of Bloomfield Center and Montclair.
    • Proximity to Green Space: Steps away from the 69‑acre Watsessing Park, offering green space, playgrounds, sports fields, and walking trails.
    • Strong School District: Located within the Bloomfield Public School District, with a 5‑minute walk to Watsessing Elementary School and zoned for Bloomfield Middle and High Schools.
    • High‑Potential Investment: Opportunity to build a custom residence or income‑producing property in a market with strong housing demand and ongoing neighborhood revitalization.

    Overview

    Located in Bloomfield, NJ, 21-25 Prospect Street is a 0.14-acre corner parcel, equivalent to 6,098 sq ft. The property is zoned R-2B, which allows for single- or two-unit residential development. Situated on a quiet, tree-lined street in the Watsessing neighborhood, it is within the Bloomfield Public School District and a 5-minute walk from Watsessing Elementary School, with zoning for Bloomfield Middle and High Schools. The property is located 0.3 miles from the Watsessing Avenue NJ Transit Station, providing direct rail access to New York Penn Station in approximately 32 minutes, with access to NJ Transit bus routes 92 and 72. Nearby amenities include Stop & Shop, ShopRite, Trader Joe’s, CVS, and Walgreens, all within 1.5 miles. The 69-acre Watsessing Park, offering green space, playgrounds, sports fields, and walking trails, is steps away. The location provides access to the shops, restaurants, and cultural attractions of Bloomfield Center and neighboring Montclair. This parcel presents an opportunity to build a custom residence or income-producing property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2045
    Latitude
    40.7836

    FAQs

    What type of property is this?
    Residential land & home lot - 0.14-acre corner parcel zoned R-2B for residential development.
    Where is this residential land & home lot located?
    The property is located at 25 Prospect Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Development opportunity in a desirable location: Zoned R‑2B for single- or two‑unit residential development in Bloomfield's thriving Watsessing neighborhood.; Excellent Commuter Location: Just 0.3 miles to Watsessing Avenue NJ Transit Station, offering direct rail access to New York Penn Station in approximately 32 minutes.; Convenient Access to Amenities: Close proximity (within 1.5 miles) to grocery stores, pharmacies, and the shops/restaurants of Bloomfield Center and Montclair.
    More about this property
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