223 Montgomery St, Bloomfield Twp., NJ 07003
What's special
Opportunity meets potential at 223 Montgomery Street, a two-family property offering flexibility, scale, and strong upside in a well-connected Bloomfield location. Ideal for investors seeking a fix-and-flip project or a long-term buy-and-hold asset, this property presents a rare chance to reimagine and add value in a market with continued demand. The home features a spacious layout across multiple levels, with generous room sizes and a functional footprint that allows for a variety of renovation possibilities. A large basement adds additional utility and storage potential, while the overall structure offers the foundation for a compelling transformation. One of the property's standout features is the rare 5-car garage paired with a 5+ car driveway, providing an exceptional amount of parking and storage flexibility seldom found in the area. The roof is being completely replaced. Conveniently located near Bloomfield Avenue, Garden State Parkway access, NJ Transit options, shopping, restaurants, parks, and local amenities, the property offers strong regional connectivity throughout Essex County and into New York City. Whether repositioned for resale or retained as an income-producing asset, 223 Montgomery Street offers a compelling value-add opportunity with substantial potential.
- 55 days |
- 2,539 |
- 128 |
Likely to sell faster than
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Joseph Aziz 973-860-7595,
Prestige Property Group Montclair
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 1 Unit, Radiators - Steam, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas
Features
- Bedrooms, Eat-in Kitchen, Living Room, Dining Room, Eat-In Kitchen
- Windows: Thermal Windows/Doors
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Parking
- Total spaces: 5
- Parking features: 1 Car Width, Additional Parking, Asphalt, See Remarks, Detached Garage
- Garage spaces: 5
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch(es)
- Exterior features: Curbs
Lot
- Size: 6,098 Square Feet
- Dimensions: 51 x 122
Details
- Parcel number: 1602002740000000040000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Bloomfield
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $396,400
- Annual tax amount: $13,830
- Date on market: 8/12/2026
- Exclusions: Seller & stager's personal property.
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Price change | $550,000-6.8%$302/sqft |
Source: | ||
| 9/11/2026 | Price change | $590,000-1.7%$323/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $600,000$329/sqft |
Source: | ||
| 8/12/2026 | Listing removed | $600,000$329/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $600,000$329/sqft |
Source: | ||
| 6/15/2026 | Pending sale | $600,000$329/sqft |
Source: | ||
| 5/9/2026 | Listed for sale | $600,000+114.3%$329/sqft |
Source: | ||
| 5/7/2026 | Sold | $280,000-12.8%$154/sqft |
Source: Public Record | ||
| 11/9/2004 | Sold | $321,000$176/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,830 +2.9% | $396,400 |
| 2024 | $13,446 +5.9% | $396,400 |
| 2023 | $12,693 +1.9% | $396,400 |
| 2022 | $12,459 +1.6% | $396,400 |
| 2021 | $12,269 +16.6% | $396,400 |
| 2020 | $10,518 +33.2% | $396,400 +50% |
| 2019 | $7,894 | $264,200 |
| 2018 | $7,894 -22.6% | $264,200 |
| 2017 | $10,198 +0.9% | $264,200 |
| 2016 | $10,106 +1.9% | $264,200 |
| 2015 | $9,921 +5.2% | $264,200 |
| 2014 | $9,427 +5.7% | $264,200 |
| 2013 | $8,917 +3.5% | $264,200 |
| 2012 | $8,618 +6% | $264,200 |
| 2011 | $8,129 +21.9% | $264,200 |
| 2010 | $6,668 +3.4% | $264,200 +141.5% |
| 2009 | $6,446 +8.1% | $109,400 |
| 2008 | $5,962 +6.7% | $109,400 |
| 2007 | $5,590 | $109,400 |
| 2006 | -- | $109,400 |
| 2005 | -- | $109,400 |
| 2004 | $5,011 | $109,400 |
| 2003 | -- | $109,400 |
| 2002 | -- | $109,400 |
| 2001 | -- | $109,400 |
Find assessor info on the county website
Monthly payment
Estimated market value
Zestimate®
$550,100
Estimated sales range
$523,000 - $578,000
Rent Zestimate®
$2,552/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.