402 Bloomfield Ave #402
Bloomfield Twp., NJ 07003

$1,599,000

Description

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

Details

MLS#3534844
StyleIndustrial
Sub-TypeResale
StatusActive
Year1890
Days On Site146

Features

SQ Feet4,885
Story(s)2
Units9
ZoningCBD

Additional Information

Annual Tax Amount19431
Assesed Tax Valuation490200
Tax ID3.964
Tax Rate2018

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Area Information

StateNJ
CountyEssex
CityBloomfield Twp.
Zip Code07003
AreaEssex
Listing VS Median (in 07003)
Price:
$1,599,000
low | high
Med:
$279,900
100% of Average
SqFt:
4,885
low | high
Med:
0
100% of Average
$ / SqFt:
$327
low | high
Med:
$0
100% of Average
On Site:
146
low | high
Med:
332
43.975903614458% of Average
Listing Updated: 07/23/2019
MLS Number: 3534844
Listing Provided By:
SOTO ROXANNA  of  STAR REAL ESTATE AGENCY