Bloomfield Avenue Bloomfield, NJ 07003

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 water tanks (75 and 80 gallon), new windows and doors, new tile floors, bathtubs, vanities, kitchen cabinets, stoves and baseboard heaters in all apartments. Uni...ts are all separately metered, tenants pay own heat and electric, owner pays hot/cold water. 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. 6.3% cap rate Continue reading