220 Bloomfield Ave #naMontclair Twp., NJ 07042

Commercial · 3,572 Sq. ft.
$899,900 Active

220 Bloomfield Ave #na Overview

Time on Site:
86 days
Visits:
2

Exceptional mixed-use opportunity in the heart of downtown Montclair! The first floor offers approximately 2,500 SF of retail space with a full basement, one bathroom, and direct access to the backyard. Currently rented on a month-to-month basis, the tenant is open to negotiating a new lease with the new owner, or the space can be delivered vacant, providing immediate flexibility for retail, restaurant, or service use. Estimated rental income for the retail space is approximately $5,000 per month.The property presents a strong cap rate of 7% or higher, with additional income potential from basement storage. A dedicated loading area with direct basement access further enhances its functionality for a variety of business uses.The second floor features two one bedroom, one bath apartments, leased through the end of February 2027, generating $3,333 per month in rental income. Ideally located in a high-traffic area near shops, restaurants, and public transit, this property is well suited for investors or owner users seeking a versatile asset with stable income and long-term growth potential.

Listing provided courtesy of WEICHERT RLTRS RDG- MLS# 4018433MLS ProviderContact Information: 917-613-3211
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220 Bloomfield Ave #na Facts & Features

  • Type Commercial
  • Sq. ft. 3,572
  • Price/Sq.ft. $252

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 2
  • Year Built: 1945

Location/Region

  • County Or Parish: Essex
  • Location: Business District

Building Exterior/Construction

  • Construction Date/Year Built Des: Standing

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $19,250.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.516
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building Only, See Remarks
  • Property Sub Type: Mixed Use, Store With Apartment
  • Property Type: Commercial
  • Zoning: Mix use

Interior

Building Information

  • Available Sq Ft: 3572
  • Equipment Available: Restrooms - Private, Smoke Detector
  • Max Ceiling Height: 10
  • Max Door Height: 84
  • Num 1 Bdrm Units: 2
  • Office Sq Ft: 2500

Beds/Baths

  • Bathrooms Total: 3

Building Interior

  • Building Area Total: 3572

General Information

  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Heating: Radiant - Hot Water
  • Stories: 2

Unit Information

  • Unit Number: na

Exterior

Building Information

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

Parking Information

  • Parking Features: None

Lot Information

  • Approximate Lot Size: 35X102 IRR
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block
  • Exterior Description: Brick/Block
  • Roof: Flat

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural

220 Bloomfield Ave #na 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.

220 Bloomfield Ave #na 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.

220 Bloomfield Ave #na 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

220 Bloomfield Ave #na History

Date Event Value Agent
4/4/2026Source: Garden State MLS Added to Database
April 04, 2026