522-524 Bloomfield Ave, Verona, NJ 07044 - Photo 1

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Property Description

Mixed-used building for sale in the heart of downtown Verona. The Property consists of 3 retail spaces on Bloomfield Ave, 2 apartments on the 2nd floor plus a 1,600sf retail space located in the back of the building currently which is currently used for manufacturing. Situated at 4-way signalized intersection directly across from Verona Park, this investment opportunity is strategically situated to provide a long term revenue stream with upside in under market rents. The Town Center-Mixed Use zoning allows for a wide variety of future tenants when there is turnover.

Full Property Details

Full Property Details for 522-524 Bloomfield Ave

General

Price: $1,500,000
Taxes: $20,268 (2025)
Status: Active
Type: Commercial
Source: Garden_State
MLS ID: 4033960
Updated: Today (6/11/2026)
Added to Site: Today

Business

Includes: Building Only

Rooms

Bathrooms

Total Bathrooms: 2
Restrooms: 6

Additional Information

Equipment: Storage Area(s)

Parking

Garage Spaces: 8
Parking: Assigned

Location

County: Essex
Driving Directions: Corner of Bloomfield Ave & Park Place
Location Details: Business District, Strip Mall

Heating & Cooling

Cooling Type: Central Air Conditioning, Window A/C(s)
Heating Type: See Remarks
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Construction: Brick/Block
Exterior Const.: Brick/Block, Vinyl Siding
Basement: Yes
Basement Desc.: Finished-Partially, Walk-Out
Roof: Flat
Ceiling Height: 9
Door Dimensions: 8
Stories in Building: 3
Square Feet: 5,360
Aprox. Leasable: 1,600 Sq. Ft.
Year Built: 1912
Remodeled/Updated: 2021

Unit Information

Units w/Full Bath: 2

Lot Features

Lot Size (Acres): 0.13
Lot Size: 50X117
Permitted Use: Retail/Residential
Zoning: TC Mixed Use

Financial Considerations

Operating Expenses: $34,558
Assessment Amount: $869,000
Land Assmt: $408,100
Tax Amount: $20,268
Tax Year: 2025
Owner Pays: Maintenance-Common Area, Maintenance-Lawn, Sewer, Water
Tenant Pays: Electric, Heat
Pays Utilities: Tenant

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: Survey Available
APN: 1620-01703-0000-00056-0000-
Block: 1703
Lot Number: 56

Listed by BHHS FOX & ROACH

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— 522-524 Bloomfield Ave —

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973-454-3218

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Schools

Schools serving 522-524 Bloomfield Ave

School District:Newark City School District

Name	Grades	Distance
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	0.4 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	1.3 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	2.2 mi
Barringer High School 90 Parker Street, Newark, NJ 07104	9-12	1.3 mi
Technology High School 223 Broadway, Newark, NJ 07102	9-12	1.4 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	2.3 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	2.5 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	2.6 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	2.9 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 522-524 Bloomfield Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/11/2026

Listed

$1,500,000

163.16%

MLS

4/10/2015

Sold

$570,000

—

Public Record

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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 522-524 Bloomfield Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$19,763

$640,400

—

2023

$19,609

$640,400

—

2022

$19,167

$640,400

—

2021

$18,937

24%

$640,400

32%

2018

$15,321

$485,000

—

2017

$15,098

-15%

$485,000

-24%

2019

$17,739

19%

$640,400

32%

2016

$14,856

$485,000

—

2015

$14,550

$485,000

—

2013

$13,585

—

$485,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 522-524 Bloomfield Ave

522-524 Bloomfield Ave, Verona, NJ 07044 (MLS# 4033960) is a Commercial property. 522-524 Bloomfield Ave is currently listed for $1,500,000 and was received on June 11, 2026. Want to learn more about 522-524 Bloomfield Ave? Do you have questions about finding other Commercial real estate for sale in Verona? You can browse all Verona real estate or contact a Coldwell Banker agent to request more information.

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522-524 Bloomfield Ave Verona, NJ 07044