402 Bloomfield Ave

Estimated Monthly Payment: $8,911/mo 402 Bloomfield Ave, Bloomfield Twp., NJ 07003 MLS# 3534844 Commercial Listing Status: Active
375 sqft
58
0
0
0

REMARKS:

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

OVERVIEW:

Commercial
Active
Apartment Complex, Mixed Use
1890
0.21
375
Aluminum, SeeRem
Flat
Parking Lot-Exclusive, See Remarks
Baseboard - Electric
Electric
Window A/C(s)
Public Water
Public Sewer
Electric

FEATURES:

Carpeting, Tile, Wood

ROOM INFO:

Unfinished, Walkout, Full

FINANCIAL:

$1,599,000
$19,431
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of STAR REAL ESTATE AGENCY

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hearth Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2019 Garden State Multiple Listing Service, LLC. All rights reserved.