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. 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. CONSTRUCTION loan or CASH purchase only. Whether repositioned for resale or retained as an income-producing asset, 223 Montgomery Street offers a compelling value-add opportunity with substantial potential.
Under contract
$600,000
223 Montgomery St, Bloomfield Twp., NJ 07003
4beds
1,824sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$329/sqft
$-- HOA
What's special
Large basementGenerous room sizes
- 60 days |
- 654 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
Joseph Aziz 973-860-7595,
Prestige Property Group Montclair
Source: GSMLS,MLS#: 4026374
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: $329/sqft
- Tax assessed value: $396,400
- Annual tax amount: $13,830
- Date on market: 5/9/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,485/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 Report a problem | ||
| 11/9/2004 | Sold | $321,000$176/sqft |
Source: Public Record Report a problem | ||
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 | -- | $109,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07003
Nearby schools
GreatSchools rating
- 5/10Fairview Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 5/10Bloomfield Middle SchoolGrades: 7-8Distance: 2.2 mi
- 4/10Bloomfield High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Bloomfield
- 07003
- 223 Montgomery St



