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$1,375,000 -$75,000 (-5.17%) Price Reduced
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Property Description
Modernized Income-Producing Asset on the Bloomfield/Montclair BorderIntroducing 383 Broad Street, a turn-key investment opportunity ideally positioned between the energy of Montclair and the convenience of Bloomfield's growing commercial district. This property offers dependable rental income with the added advantage of brand-new utility and waste line upgrades, setting the stage for low-maintenance ownership for years to come. Set on a well-traveled stretch of Broad Street, the building provides effortless proximity to Garden State Parkway access, local transit, neighborhood retail, parks, and dining, making it attractive to current and future tenants alike. Montclair's cultural hub, cafe's, boutiques, farmer's markets, nightlife sits just minutes away, expanding the lifestyle appeal and long-term demand of this location. Thoughtfully maintained and improved, 383 Broad Street stands as a strong addition to any portfolio whether you're scaling up or securing a reliable, well-located asset in one of Essex County's most connected pockets.A smart hold. A strategic location. A property built for growth. Inquire for financials, rent roll, and further details.
Full Property Details
Full Property Details for 383 Broad St
General
- Price: $1,375,000
- Taxes: $15,827 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4002719
- Updated: 1/13/2026
- Added to Site: 19 day(s) ago
Business
- Includes: See Remarks
Additional Information
- Equipment: See Remarks
Parking
- Parking: None
Location
- County: Essex
- Driving Directions: In between James St and Baldwin St
- Location Details: Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Stories in Building: 4
- Square Feet: 3,211
- Aprox. Leasable: 3,211 Sq. Ft.
- Office: 3,211 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 33 X 100
- Zoning: Mixed Use
Financial Considerations
- Price Per Sq. Ft.: $446
- Assessment Amount: $466,600
- Land Assmt: $115,500
- Tax Amount: $15,827
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 1602-00575-0000-00009-0000-
- Block: 575
- Lot Number: 9
Listed by Prestige Property Group Montclair
Get Pre-Approved Today
Schools
Schools serving 383 Broad St
School District:Bloomfield Township School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Bloomfield, NJ 85 Curtis Street, Bloomfield, NJ 07003 | PK-6 | 0.4 mi |
Bloomfield Middle School, Bloomfield, NJ 60 Huck Road, Bloomfield, NJ 07003 | 7-8 | 1.3 mi |
Bloomfield High School, Bloomfield, NJ 160 Broad Street, Bloomfield, NJ 07003 | 9-12 | 0.6 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 383 Broad St
Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,375,000
-5.17%
MLS
12/27/2025
Listed
$1,450,000
107.14%
MLS
10/29/2020
Sold
$700,000
—
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 383 Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,827
6%
$466,600
—
2022
$14,941
2%
$466,600
—
2021
$14,665
-13%
$466,600
10%
2019
$16,836
—
$422,900
—
2018
$16,764
2%
$422,900
—
2017
$16,510
1%
$422,900
—
2016
$16,324
1%
$422,900
—
2015
$16,176
7%
$422,900
—
2013
$15,089
—
$422,900
—
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 383 Broad St
383 Broad St, Bloomfield, NJ 07003 (MLS# 4002719) is a Retail property. 383 Broad St is currently listed for $1,375,000 and was received on December 27, 2025. Want to learn more about 383 Broad St? Do you have questions about finding other Retail real estate for sale in Bloomfield? You can browse all Bloomfield real estate or contact a Coldwell Banker agent to request more information.

