381 Bloomfield Ave, Montclair, NJ 07042
Commercial - Montclair Twp., NJ
- Added:
- May 4, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 21 at 10:06 am
Property Features for 381 Bloomfield Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 32709
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Number of units
- 5
- Building materials
- Block, Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent CHERYL DARMANIN (973) 783-7400
Listing office KELLER WILLIAMS - NJ METRO GROUP 237 LORRAINE AVE, Montclair, NJ (973) 783-7400
Listing date May 4, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Five‑unit mixed‑use property in Montclair, NJ, totaling approx. 5,500 SF: ground‑floor restaurant plus four residential apartments
- Residential unit mix: two 3‑bedroom units and two 1‑bedroom units
- Approx. $143,000 gross income and approx. $85,000 net operating income currently generated
- Leasing flexibility: three of four residential units are on a month‑to‑month basis
- Restaurant tenant lease in place through September 2028 with annual rent increases; tenant contributes to utilities and certain operating expenses
- Construction includes block/brick with forced air heat, central air, flat roof, and a basement
Overview
The building is located along Bloomfield Avenue in Montclair Township, positioned within a retail corridor surrounded by restaurants, shops, and neighborhood amenities. The remarks also note the property is within walking distance to the Bay Street Train Station, providing direct access to New York City.
This configuration can work well for investors seeking a blended income stream from both operating retail and residential apartments. With three of four residential units described as currently operating on a month-to-month basis, the residential component offers flexibility for an ownership plan, while the restaurant provides an in-place tenant with a stated term through September 2028.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Montclair
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2155607
- Latitude
- 40.8125867
