FOUR-FAMILY! EXCELLENT INVESTMENT OPPORTUNITY IN BLOOMFIELD! Well-maintained four-family property in a convenient Bloomfield location. Close to Midtown Direct train, Garden State Parkway, schools, and major shopping. Each unit has separate utilities. Ideal for owner-occupant or investor. Excellent opportunity to own a multi-family property in a desirable area with strong rental demand.
Gross rental income is $56,400 with a 7.5% cap rate! Look no further for your next home or investment property! This 2 family property in Bloomfield has a 1 bed/1 bath unit on the first floor, 2 bed/1 bath unit on the second floor, and a detached 2 car garage. You could also live in one apartment and use the other for rental income. There are separate gas and electric meters for the apartments. The heat/hot water are shared with separate thermostats (2nd floor pays) and the landlord pays the water bill. The basement has a shared washer/dryer and all utilities. The two car detached garage is approximately 550 ft with high ceilings and includes usage of the 1/2 bath in the basement. The second floor 2 bedroom apartment is vacant. Schedule your private tour today before it's too late!
Gross rental income is $56,400 with a 8% cap rate! Look no further for your next home or investment property! This 2 family property in Bloomfield has a 1 bed/1 bath unit on the first floor, 2 bed/1 bath unit on the second floor, and a detached 2 car garage. You could also live in one apartment and use the other for rental income. There are separate gas and electric meters for the apartments. The heat/hot water are shared with separate thermostats (2nd floor pays) and the landlord pays the water bill. The basement has a shared washer/dryer and all utilities. The two car detached garage is approximately 550 ft with high ceilings and includes usage of the 1/2 bath in the basement. The second floor 2 bedroom apartment is vacant. Schedule your private tour today before it's too late!

Bloomfield is located in New Jersey. Bloomfield, New Jersey has a population of 52,391. Bloomfield is more family-centric than the surrounding county with 35.48% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Bloomfield, New Jersey is $86,264. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Bloomfield is 37.2 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 48 inches per year, with 25.4 inches of snow per year.