402 Bloomfield Ave

    Bloomfield Twp., NJ 07003
    • $1,599,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 3534844
    $1,599,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,885
      SQFT
    • $327
      $/SQFT
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    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

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    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-06-18T22:46:46.833.
    www.baerhomes.com/homes/92183716

    402 Bloomfield Ave Bloomfield Twp., NJ 07003

    • Price: $1,599,000
    • Status: Active
    • MLS #: 3534844
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    4,885
    SQFT
    $327
    $/SQFT
    1890
    Built
    County:
    Essex
    Area:
    Bloomfield Twp.
    Property 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
    Exterior Features

    Approximate Lot Size 77 X 120 Color Of Building Sage/White Construction Wood Exterior Description AluminumSeerem Location Business DistrictResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Parking Lot-ExclusiveSee Remarks Roof Description Flat

    Interior Features

    Available Sq Ft 4885 Basement Yes Basement Description UnfinishedWalkoutFull Cooling Window A/C(S) Equipment Available AppliancesStorage Area(S) Floors CarpetingTileWood Heating Baseboard - Electric Max Ceiling Height 0 Max Door Height 0 Num Units With Full Bath 6 Num Units With Half Bath 3 Num1 Bedroom Units 3 Num2 Bedroom Units 3 Num3 Bedroom Units 0 Num4 Bedroom Units 0 Number Of Apts 6 Number Of Doors 0 Number Of Lavatories 9 Office Sq Ft 375

    Property Features

    Building Assessment 345800 Capitalization Rate 7.50 Documents Available Income & ExpensesFinancial Statement Easement Unknown For Sale Or Lease For Sale Fuel Type Electric Land Assessment 144400 Permitted Use Mixed Use Primary Property Type Apartment Complex Property Type Apartment ComplexMixed Use Renovated Year 2019 Sale Includes Building & Land Services Cable Tv AvailablePrewired For InternetPrewired For Phone Sewer Public Sewer Suite Number 402 Tax Amount 19431 Tax Rate Amount 3.964 Tax Rate Year 2018 Tax Year 2018 Utilities Electric Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning Cbd

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of .


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-06-18T22:46:46.833.
     
    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960