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25 Prospect St Bloomfield, NJ 07003

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For Sale
$499,000

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

Property Features for 25 Prospect St

General Information

Standard status
Active

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Listing Contact
Veronica Fairweather
Source: Corcoran

Listing Agent: Veronica Fairweather

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Bloomfield Development Opportunity on Prospect

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 Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Bloomfield
County
Essex
State
New Jersey
Longitude
-74.2044635
Latitude
40.7836336

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 St 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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