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38 Prospect St, Bloomfield, NJ, 07003

6beds
5baths
2,640sqft
$849,999
$322price/sqft
$6,308/moest. monthly cost
$252,320/yrincome needed

About This Home

Opportunity to acquire a legal 3-family property with strong in-place rental income and significant upside potential. Ideal for investors seeking stable cash flow with value-add opportunities through below-market rents and recent capital improvements

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

4/10
4/10
Bloomfield Middle SchoolGrades 7-83.0 mi
4/10
Bloomfield High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1919

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven - Gas,Refrigerator,Washer,Microwave Oven

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Eat-In Kitchen,Family Room,Living/Dining Room
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: 3 Units,Baseboard - Hotwater,Forced Air,Radiators - Hot Water,Electric,Natural Gas
  • Cooling features: 2 Units,Central Air,Ductless Split AC,Window Unit(s)

Interior Area

  • Total structure area: 2,640
  • Total interior livable area: 2,640 sqft

Property

Details

  • Parcel number: 1602001250000000180000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Open Porch(es),Porch

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30 x 107

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Asphalt,Shared Driveway,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2