Active

$1,250,000

531 Bloomfield Ave, Newark City, NJ 07107

8beds

5,218sqft

$8,155/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$1,226,700 Zestimate^®

$240/sqft

$-- HOA

What's special

Located in the Upper Roseville Newark section at the Belleville border near Branch Brook Park. This is a fully occupied 5-unit apartment building. There are three 2-Bedroom units and two 1-Bedroom units. The fenced in parking lot has room for 5 cars. The building faces 536 North 11th St., Newark. The owners have received a variance for the property to build a 5-story, 10-unit building. The main building entrance is at 536 N 11th St. AKA 536 North 11th St. The State has a green card for a 5-unit building, and Newark's deemed this as a 4-unit complex. There are 5 Electric//Gas meters & 5 water heaters. Reach out for more information on the variance to redevelop the property as a 5-story, 10-unit building.

17 days
173
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Heating

1 Unit, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Eat-in Kitchen, Living Room, Master Bedroom, Bedrooms, Eat-In Kitchen
Basement: Yes,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 5,218
Total interior livable area: 5,218 sqft

Property

Parking

Total spaces: 5
Parking features: Asphalt, Enclosed
Uncovered spaces: 5

Features

Levels: Two
Stories: 2

Lot

Size: 3,049 Square Feet
Dimensions: 30 x 103.7

Details

Parcel number: 1614006550000000240000
Zoning description: C2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Roof: Rubber

Condition

Year built: 1920

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s), Smoke Detector
Subdivision: Upper Roseville Submarket

Location

Region: Newark

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $275,800
Annual tax amount: $11,029
Date on market: 8/12/2026
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

$1,226,700

$1.17M - $1.29M

$2,096/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$1,250,000+228.9%$240/sqft
Source: GSMLS #4046445 Report a problem
10/27/2017	Sold	$380,000-5%$73/sqft
Source: GSMLS #3356237 Report a problem
4/1/2017	Listing removed	$399,900$77/sqft
Source: RE/MAX Professionals I #3356237 Report a problem
1/6/2017	Listed for sale	$399,900+332.3%$77/sqft
Source: RE/MAX Professionals I #3356237 Report a problem
7/14/2005	Sold	$92,500$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,029 +5.2%	$275,800
2024	$10,489 +0.1%	$275,800
2023	$10,480	$275,800
2022	$10,480	$275,800
2021	$10,480 +1%	$275,800
2020	$10,373 +150%	$275,800
2019	$4,150	$275,800 +19.2%
2018	$4,150 -47.9%	$231,400
2017	$7,960 +4%	$231,400
2016	$7,657 +6.7%	$231,400
2015	$7,176 +5%	$231,400
2014	$6,833 +7.4%	$231,400 +21%
2012	$6,363 +4.7%	$191,200
2011	$6,080 +16.1%	$191,200
2010	$5,237 +5.4%	$191,200
2009	$4,969 +4.4%	$191,200
2008	$4,761	$191,200
2007	$4,761	$191,200
2006	--	$191,200
2005	--	$191,200
2004	$4,130	$191,200
2003	--	$191,200 +1183.2%
2002	--	$14,900
2001	--	$14,900