What property was recently sold in Bloomfield and how much did it fetch?

A mixed-use multifamily and retail property at 25-27 Watsessing Ave was sold for $2.35 million according to reports from ROI-NJ. The sale involved the Kislak Company Inc acting as the broker with Jeff Squires managing the assignment.

What items were stolen in the recent burglaries reported by police?

Bloomfield police stated that two burglaries resulted in the theft of silver coins, cash, and a necklace from local homes. These specific valuables indicate targeted crimes rather than random opportunistic break-ins.

How is the Democratic organization responding to claims about political changes?

Democratic chairman Venezia rejects claims of a progressive takeover in Bloomfield despite losing one council seat, arguing the group emerged stronger. This response addresses internal party dynamics following recent electoral results.

Bloomfield sees property sale and burglary reports as political debates continue

Recent activity in Bloomfield includes a $2.35 million real estate transaction, two reported burglaries involving stolen valuables, and ongoing local political discussions.

By The Eleventh staff · July 24, 2026 · AI-assisted, grounded in the cited sources below

The Kislak Company Inc. announced the recent sale of a mixed-use multifamily and retail property located at 25-27 Watsessing Ave in Bloomfield for $2.35 million. The transaction was handled on an exclusive basis with managing director Jeff Squires representing the seller, identified as Watsessing Property Management.

Senior Vice President Tom Scatuorchio procured the deal according to reports from ROI-NJ regarding real estate development activity in the district. This sale represents a significant movement of commercial and residential inventory within the town's property market landscape.

Real Estate Transaction Details

The specific address involved in this $2.35 million transaction is 25-27 Watsessing Ave, which serves as both a multifamily residence and retail space. Kislak marketed the property exclusively while Jeff Squires managed the assignment on behalf of the selling entity.

Local residents may notice changes at this location as ownership transitions from Watsessing Property Management to new buyers following the deal closed by Tom Scatuorchio. The sale highlights ongoing investment activity in Bloomfield despite broader economic discussions happening across New Jersey.

In a separate matter concerning public safety, Bloomfield police reported two recent burglaries that resulted in the theft of silver coins, cash, and a necklace. These incidents were highlighted in local news coverage detailing where the town's latest break-ins took place within residential areas.

The stolen items include specific valuables such as silver coins which are often kept by collectors or families for their historical value alongside standard currency. Residents who keep jewelry like necklaces at home may find these reports particularly concerning given the targeted nature of the thefts.

Recent Burglary Reports

Police officials have shared information about where these two burglaries occurred to help neighbors stay vigilant and secure their homes against similar intrusions. The loss of cash and personal jewelry adds a financial burden on victims who must now replace items that held monetary or sentimental worth.

For everyday residents, the mention of silver coins being stolen suggests thieves are looking for specific high-value targets rather than just random goods inside a house. This detail implies a level of planning by suspects who know what to look for when entering Bloomfield homes.

Political dynamics in the town remain active as Democratic chairman Venezia rejects claims that a progressive takeover has occurred within local leadership structures. Despite losing one council seat, the organization argues it emerged stronger following recent electoral challenges and internal shifts.

This political stance comes amid broader state-level debates where New Jersey lawmakers are battling to raise the minimum wage with critics arguing $25 per hour is socialist in nature. Supporters of higher wages point to widening wealth gaps while opponents claim such measures would crush small businesses across the region.

Local Political Landscape

The rejection of takeover claims by Venezia suggests a competitive environment where different factions within the Democratic party are vying for influence over Bloomfield's direction. The loss of one council seat indicates that voter preferences may be shifting or that specific candidates faced strong opposition during their campaigns.

While state lawmakers debate wage increases, local officials in Bloomfield continue to navigate these ideological divides as they manage town affairs and respond to constituent needs regarding safety and development. The tension between progressive goals and business concerns plays out both at the municipal level and in Trenton.

Residents following news from Essex County may also be interested in upcoming events such as July 4th fireworks shows scheduled for celebration across the region. These community gatherings offer a chance for neighbors to come together despite the challenges posed by crime or political disagreement.