125-127 Bloomfield Ave, Newark City, NJ 07104
125-127 Bloomfield Ave, Newark City, NJ 07104
125-127 Bloomfield Ave, Newark City, NJ 07104
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
Gaurav Sharma

Gaurav Sharma

+1(732) 618-9792
$649,000
Est. payment /mo
614 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 614 sqft

Price per Sqft $1,057

MLS Listing ID 4063450

Annual Tax Amount $16,835

Tax Year 2025

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

A five-unit mixed-use building on Bloomfield Avenue in Newark: two street-level commercial spaces and three apartments, offered at $649,000 with two apartments currently collecting month-to-month rent. The three vacant spaces give an investor room to build income. In one projected scenario - the two commercial spaces leased at their advertised $1,600 asking rents and all three apartments at $1,450 a month - the building would gross $90,600 a year, a projected $62,834 of income after listed expenses and a 5% vacancy allowance, a 9.68% projected cap rate at the asking price. That scenario also assumes the two occupied apartments, now $1,000 and $1,100, reach $1,450 - a step that depends on the existing leases and any applicable restrictions, with no guaranteed route.

Location

State NJ

County Essex

Zoning C2

Rooms

Basement Finished

Interior

Heating Gas-Natural, See Remarks

Cooling See Remarks, Window A/C(s)

Equipment Kitchen Area, Restrooms - Private, See Remarks, Smoke Detector, Storage Area(s)

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available All Underground

Roof Type Flat

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Read Less Info
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 PROMINENT PROPERTIES SIR

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Gaurav Sharma, 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.

Gaurav Sharma

+1(732) 618-9792

homesbygaurav@gmail.com

Re-Pic (7)

Go tour this home

125-127 Bloomfield Ave