This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$490,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Prime commercial investment opportunity in a high-visibility Newark corridor! This single-story commercial building is currently occupied by an established laundromat tenant, offering immediate income potential for investors seeking a stable, low-maintenance asset. Positioned along bustling Bloomfield Avenue with strong foot and vehicle traffic, the property benefits from excellent exposure and neighborhood accessibility. Zoned C-2 (Commercial Community), this site presents exciting upside for future development. Newark zoning allows for the potential to build up to two additional floors above the existing structure (buyer to verify), creating the opportunity to significantly increase rental income or reposition the asset into a mixed-use investment. The property sits outside of a flood zone and is surrounded by dense residential housing and active neighborhood retail with tons of foot traffic, making it well-suited for long-term appreciation and redevelopment potential. Whether you're an investor seeking steady cash flow today or a developer looking for tomorrow's value-add project, this property delivers both present income and future growth.
Full Property Details
Full Property Details for 15 Bloomfield Ave
General
- Price: $490,000
- Taxes: $5,008 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4010030
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Business
- Includes: Building Only, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: See Remarks, Smoke Detector
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Driving Directions: Bloomfield Ave to 15 Bloomfield
- Location Details: Business District, See Remarks
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: See Remarks
- Utility Description: All Underground, Electric, Natural Gas, Cable TV Available, Internet Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Concrete, See Remarks
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Unfinished
- Roof: Flat
- Ceiling Height: 9
- Door Dimensions: 10
- Stories in Building: 1
- Square Feet: 1,036
- Aprox. Leasable: 1,306 Sq. Ft.
- Office: 1,200 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.03
- Lot Size: 25X52.3
- Permitted Use: Commercial Retail/Residential
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $375
- Assessment Amount: $131,700
- Land Assmt: $51,300
- Tax Amount: $5,008
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-00517-0000-00006-0000-
- Block: 517
- Lot Number: 6
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Price & Sales History for 15 Bloomfield Ave
Date
Details
Price
Change
Source
2/16/2026
Listed
$490,000
—
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 15 Bloomfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,009
2%
$131,700
—
2023
$4,910
—
$131,700
—
2022
$4,920
-4%
$131,700
—
2021
$5,150
31%
$131,700
—
2021
$3,939
-19%
$131,700
—
2018
$4,864
-2%
$131,700
—
2019
$4,953
6%
$131,700
—
2017
$4,689
4%
$131,700
—
2016
$4,530
4%
$131,700
—
2015
$4,358
12%
$131,700
—
2013
$3,889
—
$131,700
—
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 15 Bloomfield Ave
15 Bloomfield Ave, Newark, NJ 07104 (MLS# 4010030) is a Commercial property. 15 Bloomfield Ave is currently listed for $490,000 and was received on February 16, 2026. This property is listed by Luis Davila from our Clifton Office.Want to learn more about 15 Bloomfield Ave? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.


