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Property Description
Prime Mixed-Use Investment in the Heart of Newark! Exceptional opportunity to own a fully operating bar, restaurant, and nightlife establishment - Liquor License included ready to be taken over by new owner. Corner positioning provides maximum visibility and accessibility, driving steady customer traffic day and night. Fully operational and established, offering immediate income potential. Additional income is generated from the two residential units - One (1) 1-Bedroom Apartment - One (1) 2-Bedroom Apartment. Great opportunity for Owner-operators, or investors. Property recently renovated, in good condition. Separate utilities.
Full Property Details
Full Property Details for 187 Bloomfield Ave
General
- Price: $1,999,999
- Taxes: $11,960 (2024)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4010342
- Updated: 2/18/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Business, Building & Land, Operating Licenses
Interior
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Burglar Alarm, Kitchen Area, Restrooms - Private, Smoke Detector
Parking
- Parking: See Remarks
Location
- County: Essex
- Driving Directions: Bloomfield Avenue
- Location Details: Business District, Corner
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 3 Units, Electric Baseboard
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Concrete
- Basement: Yes
- Basement Desc.: Finished-Partially
- Roof: Asphalt Shingles
- Ceiling Height: 18
- Door Dimensions: 10
- Stories in Building: 3
- Square Feet: 5,573
- Aprox. Leasable: 5,573 Sq. Ft.
- Office: 800 Sq. Ft.
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 52.2 X 63
- Zoning: Comm
Financial Considerations
- Expenses: See Remarks
- Assessment Amount: $314,500
- Land Assmt: $113,400
- Tax Amount: $11,960
- Tax Year: 2024
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Heat
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-00535-0000-00025-0000-
- Block: 535
- Lot Number: 25
Listed by Nicholas Real Estate Agency
Get Pre-Approved Today
Schools
Schools serving 187 Bloomfield Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.5 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.6 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.4 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.9 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.6 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.7 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.8 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 187 Bloomfield Ave
Date
Details
Price
Change
Source
2/18/2026
Listed
$1,999,999
362.43%
MLS
6/29/2012
Sold
$432,500
—
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 187 Bloomfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,960
2%
$314,500
—
2023
$11,725
—
$314,500
—
2022
$11,750
-5%
$314,500
—
2021
$12,360
26%
$314,500
-10%
2021
$9,807
-39%
$350,000
-20%
2018
$16,127
-2%
$436,700
—
2019
$16,424
6%
$436,700
—
2017
$15,547
3%
$436,700
—
2016
$15,022
4%
$436,700
—
2015
$14,450
12%
$436,700
—
2013
$12,896
—
$436,700
—
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 187 Bloomfield Ave
187 Bloomfield Ave, Newark, NJ 07104 (MLS# 4010342) is a Business property. 187 Bloomfield Ave is currently listed for $1,999,999 and was received on February 18, 2026. Want to learn more about 187 Bloomfield Ave? Do you have questions about finding other Business real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

