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$1,900,000 Just Listed
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Property Description
Opportunity meets momentum at 19 Franklin Street; a fully renovated mixed-use asset in the heart of thriving Bloomfield. Reimagined in 2023 with modern finishes and income optimization in mind, this turnkey property delivers immediate cash flow with 6 income-producing rental spaces under one roof. The 2nd floor features three spacious 2-bedrooms, 1-bath residential apartments, thoughtfully updated with stainless steel appliances, sleek contemporary cabinetry, in-unit laundry, and hardwood flooring. On the ground level, a fully leased retail storefront benefits from constant exposure and steady traffic, while the separately rented garage and basement create additional revenue streams that maximize the property's earning potential. Beyond the numbers, this is the kind of asset investors wait for: low maintenance, fully updated, and strategically positioned for long-term appreciation. Positioned directly across from a shopping center, bank, restaurants, and public transportation, 19 Franklin Street sits in one of Bloomfield's most commuter-friendly and high-visibility locations, a major advantage for both residential and commercial tenants alike. With multiple streams of consistent income, strong rental demand, and a prime location in an expanding market, this is more than a property; it's an opportunity engineered for lasting returns. Add this exceptional investment property to your portfolio today.
Full Property Details
Full Property Details for 19 Franklin St
General
- Price: $1,900,000
- Taxes: $22,678 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4029733
- Updated: 5/24/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Appliances, Smoke Detector
Parking
- Garage Spaces: 8
- Parking: Assigned
Location
- County: Essex
- Driving Directions: Watsessing Ave to Franklin St
- Location Details: Business District, Residential Area, Shopping Mall
Heating & Cooling
- Cooling Type: Central Air Conditioning, Multi-Zone Cooling
- Heating Type: Forced Hot Air, Multi-Zone
- 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
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 60 X 82
- Zoning: commercial
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $650,000
- Land Assmt: $244,900
- Tax Amount: $22,678
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 1602-00435-0000-00002-0000-
- Block: 435
- Lot Number: 2
Listed by United Real Estate
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Price & Sales History for 19 Franklin St
Date
Details
Price
Change
Source
5/24/2026
Listed
$1,900,000
375%
MLS
4/11/2022
Sold
$400,000
—
Public Record
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
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.
Estimate the Cost
Estimate the Cost for 19 Franklin St
19 Franklin St, Bloomfield, NJ 07003 (MLS# 4029733) is a Apartment property. 19 Franklin St is currently listed for $1,900,000 and was received on May 24, 2026. 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.

