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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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220 Bloomfield Ave , Montclair, NJ 07042
$899,900
Est. Payment: $4,579.78/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 99
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
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 , (917) 613-3211 Weichert Realtors, Ridgewood , 201-445-9500. New Jersey Multiple Listing Service mls logo

Property Type

Mixed Use

County

Essex

Area

Montclair

Listing ID

26011274

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Roof:Flat
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, 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.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to 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 the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-07-21T23:39:14.400Z

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