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$1,549,000 Just Listed
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Property Description
Prime mixed-use investment opportunity located in the heart of the Bloomfield Business District. This 2-story building offers 3 total units, including a ground-floor retail space, a 2-bedroom / 1-bath residential unit, and a second-floor office space, providing diversified income potential. The property operates at a 4.46% cap rate, with financial statements available upon request. Units on 2nd Floor are M2M and currently rented well below market value. Zoned BCR2 ? Redevelopment Zone, allowing for up to 8 stories, making this an excellent opportunity for investors, developers, or owner-users seeking long-term upside. Ideally situated near shopping, dining, public transportation, and major commuter routes, this property benefits from strong visibility, foot traffic, and continued demand in a growing commercial corridor. Excellent cash flow with significant redevelopment potential.
Full Property Details
Full Property Details for 545 Bloomfield Ave
General
- Price: $1,549,000
- Taxes: $12,909 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4007552
- Updated: 1/30/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Driving Directions: On Bloomfield between Washington and Conger St.
- Location Details: Business District
Heating & Cooling
- Cooling Type: 3 Units
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, See Remarks
Structural Information
- Construction: See Remarks
- Exterior Const.: Concrete
- Basement: Yes
- Basement Desc.: Storage
- Roof: Rubberized, See Remarks
- Stories in Building: 2
- Square Feet: 3,400
- Aprox. Leasable: 3,400 Sq. Ft.
- Office: 1,700 Sq. Ft.
- Year Built: 1890
Unit Information
- 1 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size: 29X80
- Zoning: BCR2
Financial Considerations
- Assessment Amount: $380,600
- Land Assmt: $81,200
- Tax Amount: $12,909
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, See Remarks, Survey Available
- APN: 1602-00311-0000-00005-0000-
- Block: 311
- Lot Number: 5
Listed by United Real Estate
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Schools
Schools serving 545 Bloomfield Ave
School District:Bloomfield Township School District
| Name | Grades | Distance |
|---|---|---|
Fairview Elementary School 376 Berkeley Avenue, Bloomfield, NJ 07003 | PK-6 | 0.5 mi |
Bloomfield Middle School, Bloomfield, NJ 60 Huck Road, Bloomfield, NJ 07003 | 7-8 | 2.3 mi |
Bloomfield High School, Bloomfield, NJ 160 Broad Street, Bloomfield, NJ 07003 | 9-12 | 0.5 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 545 Bloomfield Ave
Date
Details
Price
Change
Source
1/30/2026
Listed
$1,549,000
—
MLS
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 545 Bloomfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,660
4%
$380,600
—
2023
$13,157
2%
$380,600
—
2022
$12,906
2%
$380,600
—
2021
$12,674
21%
$380,600
52%
2018
$10,496
2%
$249,900
—
2017
$10,333
1%
$249,900
—
2016
$10,221
7%
$249,900
—
2015
$9,559
-9%
$249,900
—
2019
$10,553
18%
$249,900
—
2013
$8,916
—
$249,900
—
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 545 Bloomfield Ave
545 Bloomfield Ave, Bloomfield, NJ 07003 (MLS# 4007552) is a Retail property. 545 Bloomfield Ave is currently listed for $1,549,000 and was received on January 30, 2026. Want to learn more about 545 Bloomfield Ave? 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.

