402-406 Bloomfield Ave, Bloomfield Twp.

$1,599,000

0 Beds
0 Baths
4,885 Sqft
.21 Acres
0 Garages

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
Square Footage4,885
Acres0.21
Year Built1890
TypeCommercial
StatusActive
Community Information
Address402-406 Bloomfield Ave
CityBloomfield Twp.
CountyEssex
StateNJ
Zip Code07003-4836
Amenities
UtilitiesElectric
Parking

Parking Lot-Exclusive, See Remarks

Interior
HeatingElectric
Has BasementYes
BasementUnfinished, Walkout, Full
# of Stories2
Exterior
ExteriorAluminum Siding, See Remarks
RoofFlat
Additional Information
Date ListedFebruary 27th, 2019
Days on Market43
ZoningCBD
Listing Details
OfficeSTAR REAL ESTATE AGENCY
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Listing information last updated on May 22nd, 2019 at 9:18pm EDT.

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