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Bloomfield Avenue Commercial Property
For Sale
$698,000

591 Bloomfield Ave, Bloomfield, NJ 07003

Commercial property with redevelopment potential in Bloomfield, New Jersey.

Property Size2,300 SF
Price / SF$303.48
Days on Market294

Property Features for 591 Bloomfield Ave

General Information

Standard status Active
Size 2,300 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,929

Amenities

Central air
Asphalt Shingle Roof
1 Unit Cooling
1 Unit Heating
Off-Street Parking
On-Street Parking

Building Details

Year Built 1940
Listing Agency: KELLER WILLIAMS PROSPERITY REALTY
Listed By: LILIAN LEE SNODGRASS
Source: Corcoran
Added: Nov 10, 2025 Changed: Aug 31 Last Checked: Aug 31 at 6:21PM

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 KELLER WILLIAMS PROSPERITY REALTY

Investment Insights

Based on property information with market context.

This commercial property, with a size of 2300 square feet, is available for sale. The sale includes the remaining 3-year lease, providing cash flow while the buyer obtains plans and permits for redevelopment. Bloomfield is currently undergoing significant redevelopment. Prospective buyers are responsible for conducting their own due diligence with the town regarding zoning and permits, and are encouraged to visit the town's website for relevant information. Showings are available during business hours.

Key Highlights

  • Includes a remaining 3‑year lease providing immediate cashflow.
  • Opportunity for redevelopment in Bloomfield, which is undergoing massive redevelopment.
  • Year Built: 1940.

Property Analytics

Current Use

Golden Harvest Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Skin Care Clinic Hotel & Motel Electrical Service Storage Facility

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

1,666
Businesses Nearby

Demographics for 07003, NJ

52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,992
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Commercial property with redevelopment potential in Bloomfield, New Jersey.
Where is this nnn property located?
The property is located at 591 Bloomfield Ave Bloomfield, NJ.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Includes a remaining 3‑year lease providing immediate cashflow.; Opportunity for redevelopment in Bloomfield, which is undergoing massive redevelopment.; Year Built: 1940.
More about this property
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