220 Bloomfield Ave, Montclair Twp., NJ 07042
220 Bloomfield Ave, Montclair Twp., NJ 07042
220 Bloomfield Ave, Montclair Twp., NJ 07042
220 Bloomfield Ave, Montclair Twp., NJ 07042
220 Bloomfield Ave, Montclair Twp., NJ 07042
220 Bloomfield Ave, Montclair Twp., NJ 07042
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 899,900
Est. payment | /mo

3,572 SqFt

Save
$ 899,900
Est. payment | /mo
Save

3,572 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,572 sqft

Price per Sqft $251

MLS Listing ID 4018433

Year Built 1945

Annual Tax Amount $19,250

Tax Year 2025

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Essex

Zoning Mix use

Rooms

Basement Full, Storage

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Equipment Restrooms - Private, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT RLTRS RDG
Ready to make a move?

Get pre-approved for this home in minutes.

Already toured or saved this listing? Take the next step. Start a secure application below and find out exactly what you qualify for — no credit hit, no obligation. Sellers take pre-approved buyers seriously.

Start your pre-approval

Secure · Powered by Bond Street Mortgage, LLC

Not quite ready? Explore your options

Affordability Calculator →

See how much home you comfortably qualify for based on your income.

Payment Calculator →

Calculate principal, interest, taxes, and insurance in seconds.

Northern NJ Mortgage Guide →

Local rates, programs, and what NJ buyers need to know.

Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RE/MAX Select - Chopper Russo Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

220 Bloomfield Ave

};function runPageScript(){