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$1,699,000 Just Listed
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Property Description
Well-maintained mixed-use investment property in a prime Bloomfield location featuring 9 units ? six residential apartments and three street-level commercial spaces, plus additional income-producing parking. The residential mix includes three one-bedroom and three two-bedroom apartments. The property underwent extensive renovations in 2019, including updates to the roof, siding, exterior stonework, apartments and common areas, as well as windows, doors, kitchens, baths, flooring and baseboard heating. Units are separately metered, with residential tenants responsible for their own heat and electric while the owner provides hot and cold water. Two large-capacity water heaters serve the building. Ideally positioned along the Bloomfield Avenue corridor with convenient access to NYC transportation, shopping, dining and major highways including the Garden State Parkway. A strong mixed-use asset offering established income with additional upside potential.
Full Property Details
Full Property Details for 402-406 Bloomfield Ave
General
- Price: $1,699,000
- Taxes: $36,920 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4056871
- Updated: Today (10/5/2026)
- Added to Site: Today
Business
- Includes: Building & Land
Interior
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 9
Additional Information
- Equipment: Smoke Detector
Exterior
- Color: Grey
Parking
- Garage Spaces: 10
- Parking: Assigned, Blacktop
Location
- County: Essex
- Subdivision: Bloomfield Center
- Driving Directions: Bloomfield Ave.
- Location Details: Business District
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Electric Baseboard
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Included
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding, Wood
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Ceiling Height: 8
- Loading: None
- Stories in Building: 2
- Square Feet: 4,885
- Aprox. Leasable: 4,885 Sq. Ft.
- Year Built: 1890
- Remodeled/Updated: 2019
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 3
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.21
- Lot Size: 77 X 120
- Zoning: CBD
- Lot Description: Level Lot
Financial Considerations
- Expenses: Electricity, Gas/Oil, Insurance, Maintenance - Exterior, Maintenance - Interior, Taxes, Trash, Water/Sewer
- Operating Expenses: $64,206
- Assessment Amount: $1,000,000
- Land Assmt: $323,400
- Tax Amount: $36,920
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases, Pro Forma
- APN: 1602-00104-0000-00031-0000-
- Block: 104
- Lot Number: 31
Listed by Realty One Group Living
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Schools
Schools serving 402-406 Bloomfield Ave
School District:Bloomfield Township School District
| Name | Grades | Distance |
|---|---|---|
Berkeley Elementary School 351 Bloomfield Avenue, Bloomfield, NJ 07003 | PK-6 | 0.2 mi |
Bloomfield Middle School, Bloomfield, NJ 60 Huck Road, Bloomfield, NJ 07003 | 7-8 | 2.6 mi |
Bloomfield High School, Bloomfield, NJ 160 Broad Street, Bloomfield, NJ 07003 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402-406 Bloomfield Ave
Date
Details
Price
Change
Source
10/05/2026
Listed
$1,699,000
7.87%
MLS
4/07/2025
Sold
$1,575,000
—
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 402-406 Bloomfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,920
7%
$1,000,000
—
2023
$34,570
-33%
$1,000,000
—
2022
$51,503
2%
$1,000,000
-34%
2021
$50,576
144%
$1,518,800
210%
2019
$20,701
1%
$490,200
—
2018
$20,588
2%
$490,200
—
2017
$20,270
1%
$490,200
—
2016
$20,049
7%
$490,200
—
2015
$18,750
7%
$490,200
—
2013
$17,490
—
$490,200
—
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 402-406 Bloomfield Ave
402-406 Bloomfield Ave, Bloomfield, NJ 07003 (MLS# 4056871) is a Commercial property. 402-406 Bloomfield Ave is currently listed for $1,699,000 and was received on October 05, 2026. Want to learn more about 402-406 Bloomfield Ave? Do you have questions about finding other Commercial real estate for sale in Bloomfield? You can browse all Bloomfield real estate or contact a Coldwell Banker agent to request more information.

