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Alberto Wells

Sales Associate

  • Office 973-762-5400
  • Cell 973-343-3433
Questions?

402-406 Bloomfield Ave, Bloomfield Twp., NJ – $1,599,000

  • $1.6M Price
  • 4,885 Sqft
  • .21 Acres
  • 43 DOM
  • $1.6M Price
  • 4,885 Sqft
  • .21 Acres
  • 43 DOM

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402-406 Bloomfield Ave

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
  • StatusActive

Type

Commercial / Industrial / Business

Community Information

  • Address402-406 Bloomfield Ave
  • Areaempty
  • Subdivisionempty
  • 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 April 21st, 2019 at 8:36pm EDT.

Keller Williams Metropolitan