402 Bloomfield Ave, Bloomfield Twp., NJ 07003

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List Price
$1,699,000
MLS#
4056871
Year Built
1890
Status
ACTIVE
County
Essex
City
Bloomfield Twp.
Subdivision
Bloomfield Center
Acres
0.21

Property Description

Well-maintained mixed-use investment property in a prime Bloomfield location featuring 9 units ? six residential apartments and three street-level commercial spaces, plus additional income-producing parking. The residential mix includes three one-bedroom and three two-bedroom apartments. The property underwent extensive renovations in 2019, including updates to the roof, siding, exterior stonework, apartments and common areas, as well as windows, doors, kitchens, baths, flooring and baseboard heating. Units are separately metered, with residential tenants responsible for their own heat and electric while the owner provides hot and cold water. Two large-capacity water heaters serve the building. Ideally positioned along the Bloomfield Avenue corridor with convenient access to NYC transportation, shopping, dining and major highways including the Garden State Parkway. A strong mixed-use asset offering established income with additional upside potential.

Additional Information

Taxes
$36,920
Cooling
Window A/C(s)
Exterior
Aluminum, Wood
Garage Spaces
10
Heating
4+ Units, Baseboard - Electric
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

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Listing Courtesy Of REALTY ONE GROUP LIVING, Contact: 973-943-0956

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