223 Montgomery St, Bloomfield, NJ 07003

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List Price
$550,000
Status
ACTIVE
MLS#
26030509
Price Change
▼ $40,000 1790219636
Bedrooms
4
Bathrooms
2
County
Essex
City
Bloomfield

Property Description

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.

Additional Information

Taxes
$13,830

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Listing courtesy of Listing Agent: Joseph Aziz () from Listing Office: Prestige Property Group - Montclair.

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Source: New Jersey Multiple Listing Service, Inc.
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