$3,000,000

( $350.00Per Sq Foot )

$16,105 est/mo Sourced by Back At You

571 Bloomfield Ave,Montclair Twp., NJ 07042

Montclair Twp., NJ 07042

Description

Restaurant has 10 year lease with 2 five-year options, which is now in its second year. Commercial lease has 3% increases built in every year. The six apartments rent easily due to the phenomonal location. Seller is very motivated. Bring all offers.

Details

MLS #	4016337
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	1928
Days On Site	194
Listing Provided By	VILLAGE SQUARE REALTORS \| HARRY SAHLMAN

Features

Basement	Y
Story(s)	3
Units	7
Zoning	Mixed Use

Taxes

Property	37512

Area Information

State	NJ
County	Essex
City	Montclair Twp.
Zip Code	07042
Area	Essex
Listing VS Median (in 07042)
Price: $3,000,000 low \| high Med: $4,000 100% of Average On site: 194 low \| high Med: 19 100% of Average

Sourced by Back At You

Market Activity 07042

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 11	Avg $ Per SqFt: $	Min Sale Price: $515,000	Max Sale Price: $8,100,000	Med Sale Price: $950,000
Date: Jun 2026	Sales: 19	Avg $ Per SqFt: $	Min Sale Price: $307,500	Max Sale Price: $2,750,000	Med Sale Price: $1,170,000
Date: May 2026	Sales: 21	Avg $ Per SqFt: $	Min Sale Price: $640,000	Max Sale Price: $4,400,000	Med Sale Price: $1,500,000
Date: Apr 2026	Sales: 31	Avg $ Per SqFt: $	Min Sale Price: $305,000	Max Sale Price: $4,100,000	Med Sale Price: $1,176,052
Date: Mar 2026	Sales: 16	Avg $ Per SqFt: $	Min Sale Price: $385,000	Max Sale Price: $2,107,500	Med Sale Price: $1,486,112
Date: Feb 2026	Sales: 8	Avg $ Per SqFt: $	Min Sale Price: $350,000	Max Sale Price: $1,970,000	Med Sale Price: $858,000
Date: Jan 2026	Sales: 14	Avg $ Per SqFt: $	Min Sale Price: $319,000	Max Sale Price: $5,000,000	Med Sale Price: $1,403,500
Date: Dec 2025	Sales: 6	Avg $ Per SqFt: $	Min Sale Price: $650,000	Max Sale Price: $2,895,000	Med Sale Price: $2,245,000
Date: Nov 2025	Sales: 7	Avg $ Per SqFt: $	Min Sale Price: $260,000	Max Sale Price: $3,950,000	Med Sale Price: $1,162,500
Date: Oct 2025	Sales: 20	Avg $ Per SqFt: $	Min Sale Price: $255,000	Max Sale Price: $1,999,999	Med Sale Price: $1,024,500

Sourced by Back At You

Jul 2026
Sales:	11
Avg $ Per SqFt:	$
Min Sale Price:	$515,000
Max Sale Price:	$8,100,000
Med Sale Price:	$950,000
Jun 2026
Sales:	19
Avg $ Per SqFt:	$
Min Sale Price:	$307,500
Max Sale Price:	$2,750,000
Med Sale Price:	$1,170,000
May 2026
Sales:	21
Avg $ Per SqFt:	$
Min Sale Price:	$640,000
Max Sale Price:	$4,400,000
Med Sale Price:	$1,500,000
Apr 2026
Sales:	31
Avg $ Per SqFt:	$
Min Sale Price:	$305,000
Max Sale Price:	$4,100,000
Med Sale Price:	$1,176,052
Mar 2026
Sales:	16
Avg $ Per SqFt:	$
Min Sale Price:	$385,000
Max Sale Price:	$2,107,500
Med Sale Price:	$1,486,112
Feb 2026
Sales:	8
Avg $ Per SqFt:	$
Min Sale Price:	$350,000
Max Sale Price:	$1,970,000
Med Sale Price:	$858,000
Jan 2026
Sales:	14
Avg $ Per SqFt:	$
Min Sale Price:	$319,000
Max Sale Price:	$5,000,000
Med Sale Price:	$1,403,500
Dec 2025
Sales:	6
Avg $ Per SqFt:	$
Min Sale Price:	$650,000
Max Sale Price:	$2,895,000
Med Sale Price:	$2,245,000
Nov 2025
Sales:	7
Avg $ Per SqFt:	$
Min Sale Price:	$260,000
Max Sale Price:	$3,950,000
Med Sale Price:	$1,162,500
Oct 2025
Sales:	20
Avg $ Per SqFt:	$
Min Sale Price:	$255,000
Max Sale Price:	$1,999,999
Med Sale Price:	$1,024,500

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Contact

Learn More About This Property

Harry Sahlman

Village Square Realtors

(862) 684-0236 harrysahlman15@gmail.com

State	NJ
County	Essex
City	Montclair Twp.
Zip Code	07042
Area	Essex
Listing VS Median (in 07042)
Price: $3,000,000 low \| high Med: $4,000 100% of Average On site: 194 low \| high Med: 19 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/4 mile)

Price: $2.25M - $3.75M

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$2,950,000 89 Valley Rd Montclair Twp., NJ 07042

Listing Updated: October 2, 2026 at 1:22:07 PM PDT

571 Bloomfield Ave,Montclair Twp., NJ 07042

Montclair Twp., NJ 07042

Description

Details

Features

Taxes

Area Information

Market Activity 07042

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Harry Sahlman

Village Square Realtors

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$2,950,000

Harry Sahlman - Village Square Realtors

571 Bloomfield Ave,Montclair Twp., NJ 07042

Montclair Twp., NJ 07042

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Description

Details

Features

Taxes

Area Information

Market Activity 07042

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Harry Sahlman

Village Square Realtors

Contact

Additional Information

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$2,950,000

Harry Sahlman - Village Square Realtors