220 Bloomfield Avenue, Montclair, NJ 07042

Montclair
Local realty services provided by:ERA Queen City Realty
220 Bloomfield Avenue,Montclair, NJ 07042
$899,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jie chan chen
Office: weichert realtors, ridgewood201-445-9500
MLS#:26011274
Source:NJ_MLS

Price summary

  • Price:$899,900

About this home

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...

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Home facts

  • Listing ID #:26011274
  • Added:98 day(s) ago
  • Updated:July 20, 2026 at 03:13 PM

Finances and disclosures

  • Price:$899,900
  • Tax amount:$19,250
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: July 20, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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