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$2,000,000 -$100,000 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Apartment
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19 Franklin Street is a mixed-use commercial building, in the vibrant Bloomfield, with 6 income-generating rentals. Fully renovated in 2023, offering modern finishes and strong tenant appeal across all units. This renovated building features a total of 6 rental spaces: the second floor consists of three spacious 2-bedrooms, 1-bath residential unit; the first floor hosts a fully leased retail storefront; the garage and the basement is also rented, maximizing income potential. The property offers six private parking spaces. Each residential space is outfitted with stainless steel appliances, sleek new cabinetry, and beautiful hardwood flooring throughout. Tenants enjoy in-unit laundry, added convenience, and enhanced privacy. The building is secured with surveillance cameras and has been meticulously cared for inside and out. Strategically positioned across the street from a shopping center, a bank, restaurants, and a bus station, this property offers excellent foot traffic, high visibility, and unmatched accessibility for commuters and shoppers alike. Whether you're an investor looking for a low-maintenance, cash-flowing asset or seeking to expand your portfolio,19 Franklin Street delivers lasting value and strong stream of passive income.

Full Property Details for 19 Franklin St

General

  • Price: $2,000,000
  • Taxes: $22,048 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 3970115
  • Updated: 2/16/2026
  • Added to Site: 243 day(s) ago

Business

  • Includes: Building & Business

Rental Information

  • Lease Includes: Building Insurance, Building Maintenance, Common Area Maint, Sewer, Taxes, Trash Removal, Water
  • Lease Terms: Month-To-Month

Rooms

Bathrooms

  • Total Bathrooms: 3

Additional Information

  • Equipment: Appliances, Fire Alarm, Security System, Smoke Detector

Parking

  • Garage Spaces: 7
  • Parking: Blacktop, Off-Street Parking, Parking Lot-Exclusive

Location

  • County: Essex
  • Driving Directions: Watsessing Ave to Franklin St
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Hot Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: See Remarks
  • Stories in Building: 2
  • Year Built: 1983
  • Remodeled/Updated: 2023

Unit Information

  • 2 Bedroom Units: 3
  • Units w/Full Bath: 3

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size: 60 X 82
  • Zoning: Commercial

Financial Considerations

  • Operating Expenses: $37,889
  • Assessment Amount: $650,000
  • Land Assmt: $244,900
  • Tax Amount: $22,048
  • Tax Year: 2024
  • Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Survey Available
  • Disclosures: Yes
  • APN: 1602-00435-0000-00002-0000-
  • Block: 435
  • Lot Number: 2

Listed by United Real Estate

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Listing agent

— 19 Franklin St —

  • United Real Estate

888-501-6953

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 19 Franklin St

School District:Belleville Town School District
NameGradesDistance
Belleville Sr High School
100 Passaic Avenue, Belleville, NJ 07109
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 19 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$2,000,000
-4.76%
MLS
10/01/2025
Price Reduced
$2,100,000
-8.7%
MLS
6/21/2025
Listed
$2,300,000
475%
MLS
4/11/2022
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 19 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,048
53%
$650,000
—
2022
$14,409
-4%
$650,000
44%
2021
$14,976
—
$450,000
-19%
2021
$14,976
-32%
$557,600
1%
2019
$21,896
—
$550,000
—
2018
$21,802
2%
$550,000
—
2017
$21,472
1%
$550,000
—
2016
$21,230
1%
$550,000
—
2015
$21,038
7%
$550,000
—
2013
$19,624
—
$550,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by United Real Estate

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19 Franklin St, Bloomfield, NJ 07003 (MLS# 3970115) is a Apartment property. 19 Franklin St is currently listed for $2,000,000 and was received on June 18, 2025. Want to learn more about 19 Franklin St? Do you have questions about finding other Apartment real estate for sale in Bloomfield? You can browse all Bloomfield real estate or contact a Coldwell Banker agent to request more information.

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