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  • Price$1,599,000
  • SQ. Feet4,885
  • Acres0.21
  • Built1890

402-406 Bloomfield Ave, Bloomfield Twp.

Two story building features a total of 9 units including 3 one-bedroom, 3 two-bedroom and 3 retail stores fronts. New installs include two hot water tanks (75 and 80 gallon), new windows and doors, new tile floors, bath tubs, vanities, kitchen cabinets, stoves and baseboard heaters in all apartments. Units are all separately metered, tenants pay own heat and electric, owner pays hot/cold water. Additional income from parking lot lease totals $15,000 revenue per year. Property is perfectly situated just steps from NYC transportation, shopping, restaurants and very easy access to Garden State Parkway North and South. The entire building has undergone a complete renovation including brand new roof, siding, stone, complete renovation of apartments and common areas. 10% cash on cash return

Essential Information

  • MLS® #3534844
  • Price$1,599,000
  • Property Tax$19,431
  • Square Footage4,885
  • Acres0.21
  • Year Built1890
  • TypeCommercial
  • StatusActive

Amenities

  • UtilitiesElectric
  • ParkingParking Lot-Exclusive, See Remarks

Exterior

  • ExteriorAluminum Siding, See Remarks
  • RoofFlat

Listing Details

  • Listing OfficeSTAR REAL ESTATE AGENCY

Community Information

  • Address402-406 Bloomfield Ave
  • CityBloomfield Twp.
  • CountyEssex
  • StateNJ
  • Zip Code07003-4836

Interior

  • HeatingElectric
  • Has BasementYes
  • BasementUnfinished, Walkout, Full
  • # of Stories2

Additional Information

  • Date ListedFebruary 27th, 2019
  • Days on Market114
  • ZoningCBD
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Listing information last updated on August 22nd, 2019 at 9:48am EDT.