$499,000

25 Prospect Street, Bloomfield, NJ 07003

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional Development Opportunity on Prospect Street—Bloomfield, NJ A rare offering in the heart of Bloomfield, NJ. 21–25 Prospect Street comprises a .14-acre corner parcel listed at $499,000, zoned R-2B, allowing for single- or two-unit residential development. This 6,098 sq ft lot is ideally located on a quiet, tree-lined street in the desirable Watsessing neighborhood. The property falls within the Bloomfield Public School District, just a 5-minute walk from Watsessing Elementary School, and is zoned for Bloomfield Middle and High Schools. Commuters will appreciate the property’s close proximity—only 0.3 miles—to the Watsessing Avenue NJ Transit Station, offering direct rail access to New York Penn Station in about 32 minutes, as well as multiple NJ Transit bus routes nearby (92, 72). Nearby amenities include Stop & Shop, ShopRite, Trader Joe’s, CVS, and Walgreens, all within 1.5 miles. The property is also steps from the 69-acre Watsessing Park, offering green space, playgrounds, sports fields, and walking trails. Moments from the shops, restaurants, and cultural attractions of Bloomfield Center and neighboring Montclair, this parcel offers unmatched location, community access, and development flexibility. With strong housing demand and ongoing neighborhood revitalization, 21–25 Prospect Street presents a high-potential opportunity to build a custom residence or income-producing property in a thriving North Jersey market.

Listing Status:
Active
Date Added:
June 6, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 866-201-6210
Listing Agent:
Veronica Fairweather : 718-812-5391
MLS ID:
25019487
  • Improvements: Cleared

This listing courtesy of Veronica Fairweather, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Watsessing Elementary School

71 Prospect St, Bloomfield, NJ, 07003

Grades PK-6

0.14 miles away

B

Bloomfield Middle School

60 Huck Rd, Bloomfield, NJ, 07003

Grades 7-8

3.01 miles away

B

Bloomfield High School

160 Broad St, Bloomfield, NJ, 07003

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby