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571 Bloomfield Ave #AllMontclair Twp., NJ 07042

Commercial · 10,000 Sq. ft.
$3,500,000 Active

571 Bloomfield Ave #All Overview

Time on Site:
97 days
Visits:
4

Restaurant has 10 year lease with 2 five-year options, which is now in its second year. Commercial lease has 3% increases built in every year. The six apartments rent easily due to the phenomonal location. Seller is very motivated. Bring all offers.

Listing provided courtesy of VILLAGE SQUARE REALTORS- MLS# 4016337MLS ProviderContact Information: 973-509-2222
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571 Bloomfield Ave #All Facts & Features

  • Type Commercial
  • Sq. ft. 10,000
  • Price/Sq.ft. $350

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 6
  • Renovated Year: 2025
  • Year Built: 1928

Location/Region

  • County Or Parish: Essex
  • Location: Business District

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $37,512.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.516
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building & Land
  • Property Sub Type: Mixed Use, Restaurant
  • Property Type: Commercial
  • Zoning: Mixed Use

Interior

Building Information

  • Available Sq Ft: 10000
  • Equipment Available: Appliances, Fire Alarm, Kitchen Area, Refrigeration Unit, Restrooms - Private, Restrooms - Public, Smoke Detector, Sprinkler System
  • Max Ceiling Height: 10
  • Max Door Height: 7
  • Num 1 Bdrm Units: 4
  • Num 2 Bdrm Units: 2
  • Num 3 Bdrm Units: 0
  • Num 4 Bed Units: 0
  • Num Units w/Full Bath: 6
  • Num Units w/Half Bath: 0
  • Office Sq Ft: 0

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Total: 8

Building Interior

  • Building Area Total: 10000

General Information

  • Cooling: Central Air, Window A/C(s)
  • Heating: Baseboard - Electric
  • Stories: 3

Unit Information

  • Unit Number: All

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: Parking Lot-Shared
  • Parking Total: 50

Lot Information

  • Approximate Lot Size: 25X101 IRR
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block, Metal Frame
  • Exterior Description: Brick/Block, Composition Shingle
  • Roof: Flat

General Information

  • Number Of Units Total: 7
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural

571 Bloomfield Ave #All Neighborhood

Community

07042 (Montclair) Demographics

37
Median Age
7,084
Population Density (per sq. mile)
69%
College Educated
$114,074
Estimated Median Income
5,169
Estimated Total Home Owners
4,885
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

571 Bloomfield Ave #All Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

571 Bloomfield Ave #All Market Data

Based on the last 30 days in this zip code

$1,174,022
Average List Price
$10,437
Average Price per Square Foot
16
Properties Sold
52
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

571 Bloomfield Ave #All History

Date Event Value Agent
3/24/2026Source: Garden State MLS Added to Database
March 24, 2026