Closed$379,000
TLC ≈ $3,814/mo
4 2 1,896 sqft
296 Elmwood Avenue, East Orange, NJ 07018
54 Olive Street, Bloomfield, NJ 07003
$385,000
4 beds 2 baths 1,909 sqft Built 19140 days on marketActive
About this home
A Classic Bloomfield Colonial With Character, Location and Opportunity! This approximately 100-year-old four-bedroom Colonial is ready for its next owner to bring their vision and make it their own. Featuring two full bathrooms, one on each level, the home retains much of the architectural character that makes this age home special, including beautiful oversized original moldings and detailed window casings. The home also offers a full attic with staircase and high ceilings, providing excellent potential for storage and future use. The main essentials are already in place, including a newer boiler that is only a few years old, a dimensional roof approximately two years old, Replaced Electric Service, and a full basement offering additional storage and utility space. Outside, enjoy a level, fully fenced backyard, a driveway, and additional street parking. The location is a major plus, situated in the heart of Bloomfield and just around the corner from public schools and nearby parks. NYC commuters will appreciate convenient access to train and bus transportation, making the trip into New York City convenient. The property is being sold STRICTLY AS IS. Buyer is responsible for completing any required Township approvals and obtaining all required certificates, including the Certificate of Occupancy and Smoke Certificate. A great opportunity to own a piece of Bloomfield history and create a home tailored to your own style. Bring your vision and make this Colonial your own!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$3,610/mo
- Real estate (PITI + HOA + PMI)
- $3,224
- Utilities
- $586
- Transportation
- $133
- Other (entertainment)
- $158
Principal + interest$1,746
Property tax + insurance$1,334
PMI / 2nd mortgage$144
Heating + cooling$131
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$133
Budget$5,000/mo
Remaining after TLC$1,390/mo
Purchase price
$385,000
Down payment
$19,250 (5%)
Loan amount
$365,750
APR
4%
Quick facts
Type
Single Family Residence
Style
Colonial
Year built
1914
Lot size
0.0689 ac
Stories
3
Heating
Radiators-Hot Water
Cooling
None
Water
Public
HOA
—
Annual tax
$10,931
MLS #
2705016R
County
Essex
At a glance
Basement
Dishwasher
Home features
Appliances
DishwasherDryerGas Range/OvenRefrigeratorWasherGas Water Heater
Interior
Entrance FoyerKitchenLiving RoomBath FullDining RoomFamily Room4 BedroomsBath MainAttic
Exterior
CurbsPatioSidewalkFencing/WallYard
Community
CurbsSidewalks
Parking
1 Car WidthConcreteDriveway
Patio & porch
Patio
Kitchen
Eat-in Kitchen
Dining
Formal Dining Room
Flooring
Ceramic Tile, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Interior Lot, Level, Near Public Transit
Neighborhood — 07003
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 56,984 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 3.00% | 14.00% | 20.00% |
| Population Density | 10,543 | 1,137 | — |
| Male | 27,231 | 4,307,827 | 147,432,321 |
| Female | 29,753 | 4,525,010 | 151,655,844 |
| Never Married | 14,779 | 1,965,811 | 63,775,926 |
| Married | 22,521 | 3,647,435 | 123,120,365 |
| Separated | 1,952 | 391,239 | 12,639,686 |
| Widowed | 3,576 | 515,172 | 15,467,586 |
| Divorced | 3,731 | 529,393 | 23,075,029 |
| Number Of House Hold | 22,655 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.49 | 2.73 | 2.60 |
| Medial Age | 37.79 | 37.15 | 35.46 |
| Median House Hold Income | $62,158 | $63,392 | $48,276 |
| Average House Hold Income | $76,850 | $83,312 | $63,629 |
| P C I | $31,169 | $30,662 | $24,529 |
| M D I | $51,526 | $52,505 | $41,133 |
| A T H E | $58,184 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 82.23% | 81.02% | 77.74% |
(Zip) Code
7003
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 9/23/2026. Provided courtesy of ELLEN ROSENBAUM REAL ESTATE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.