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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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220 Bloomfield Ave , Montclair Twp., NJ 07042
$899,900
Est. Payment: $4,579.78/mo
0 Bed
1.5 Bath
3572 Sqft
Status: active | Days on site: 37
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

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.

Highlights

Listed by JIE CHAN CHEN , MP WEICHERT RLTRS RDG , 201-445-9500. Garden State MLS

Property Type

Commercial Sale

Year Built

1945

County

Essex

Listing ID

4018433

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1.5
  • Full Bathrooms:
  • 1/2 Bathrooms:3
Air Cond:Wall A/C Unit(s),Window A/C(s)
Fireplaces:
Basement:Full,Storage
Other:Public Water

Exterior Features

Lot Dimensions:35X102 IRR
Zoning:Mix use
Roof:Flat
Others:Brick/Block
Sewer:Public Sewer
Principal Interest
$4,580
Taxes
$1,604

Home Price

$899,900

Loan Details

30 yrs
6.562%

Down Payment

20%
$179,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,579.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,579.78 $1,604.17 $0.00 $6,183.94
Yearly $54,957.34 $19,250.00 $0.00 $74,207.34
Total $1,648,720.07 $577,500.00 $0.00 $2,226,220.07

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Montclair Twp., NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS