531 Bloomfield Ave, Newark City, NJ 07107
531 Bloomfield Ave, Newark City, NJ 07107
531 Bloomfield Ave, Newark City, NJ 07107
28
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$1,250,000
Est. payment /mo
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8 Beds
5 Baths
5,218 SqFt
Active

531 Bloomfield Ave Newark City, NJ 07107

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,218 sqft

Price per Sqft $239

Subdivision Upper Roseville Submarket

MLS Listing ID 4046445

Style 2-Two Story

Bedrooms 8

Full Baths 5

Year Built 1920

Annual Tax Amount $11,029

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Located in the Upper Roseville Newark section at the Belleville border near Branch Brook Park. This is a fully occupied 5-unit apartment building. There are three 2-Bedroom units and two 1-Bedroom units. The fenced in parking lot has room for 5 cars. The building faces 536 North 11th St., Newark. The owners have received a variance for the property to build a 5-story, 10-unit building. The main building entrance is at 536 N 11th St. AKA 536 North 11th St. The State has a green card for a 5-unit building, and Newark's deemed this as a 4-unit complex. There are 5 Electric//Gas meters & 5 water heaters. Reach out for more information on the variance to redevelop the property as a 5-story, 10-unit building.

Location

State NJ

County Essex

Zoning C2

Rooms

Basement Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Electric, Gas-Natural

Roof Type Rubberized

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

NEARBY SCHOOLS & PROPERTIES

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David Wainwright Jr

David Wainwright Jr

Broker Associate | License ID: 8744778

+1(973) 818-7100

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531 Bloomfield Ave