40.81385 -74.18793

88 Broughton Ave Bloomfield, NJ 07003

315623056 40.81385 -74.18793 2412 /listing/315623056-151624181/88-broughton-ave-bloomfield-nj-07003 False 0 1152000.0 101 3782444 False
  • $1,152,000
  • 0.15 lot
  • Est payment $6184.19/mo

Property & Neighborhood Info

Courtesy Of FOURTE INTERNATIONAL

Commercial in Bloomfield Twp.

Great investment property! Building features six apartments and two commercial spaces that are fully rented. Property is well maintained and has potential for long term growth. Rents: Unit 1B $1,250/mo.; Unit 2 $1,225/mo.; Unit 3 $1,400/mo.; Unit 4 $1,075/mo.; Unit 5 $1,100/mo.; Unit 6 $1,175/mo.; Comm. Unit 88 $575/mo.; Comm. Unit 90 $1,000/mo. SQFT: Unit 1B - 600; Unit 2 - 500; Unit 3 - 500; Unit 4 - 600; Unit 5 - 600; Unit 6 - 450; Comm. Unit 88 - 400; Comm. Unit 90 - 900. Opportunity to increase rents to market rate. Cap rate 5.91%.

Courtesy Of FOURTE INTERNATIONAL
  1. 0.15 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1906
  • Garage: 10.0
  • Floors: 2
  • County: Essex
  • Taxes: $16,118.00
  • Tax Year: 2021
  • Units: 8
  • Zoning: B-2
  • MLS Number:3782444

Additional Features

  • Ceiling Height:
    • 0
  • Cooling:
    • No Cool
  • Equipment:
    • Restrooms - Private
    • Smoke Detector
  • Loading Info:
    • None
  • Location:
    • Residential Area
  • Number of Docks:
    • 0
  • Roof:
    • Asphalt Shingle
    • Flat
  • Water Source:
    • Public Water
  • Year Built Description:
    • Approximate
  • Basement:
    • Unfinished
  • Door Height:
    • 0
  • Exterior:
    • Vinyl Siding
  • Acres:
    • 0.15
  • Lot Features:
    • Irregular Lot
  • Parking:
    • Off-Street Parking
    • Parking Lot-Exclusive
    • See Remarks
  • Expenses Include:
    • Insurance
    • Snow Removal
    • Taxes
    • Water/Sewer
  • Heating:
    • 4+ Units
  • Heating Source:
    • GasNatur
    • OilAbIn
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric
    • Gas In Street
  • Utilities Paid By:
    • Tenant
  • Documents Available:
    • Income & Expenses
    • Leases
  • Easements:
    • No
  • For Sale or Lease:
    • For Sale
  • Gross Income:
    • 105600
  • Lease Info:
    • Month-To-Month
  • Lease Type:
    • Gross
  • Owner Pays:
    • Sewer
    • Snow Removal
    • Water
  • Rent Payable:
    • No
  • Sale Includes:
    • Building & Land
  • Tax Rate:
    • 3.143
  • Tenant Pays:
    • Cable T.V.
    • Electric
    • Gas
    • Heat
    • Hot Water
  • Assessment Building:
    • 287100
  • Assessment Land:
    • 233700
  • Net Income:
    • 68140
  • Number Of Bays:
    • 0
  • Operating Expense:
    • 37460
  • Ownership Type:
    • Fee Simple
  • Possession:
    • At closing
  • Suite Num:
    • 0
  • Tax Assessment:
    • 520800
  • Tax Block:
    • 811
  • Tax Property ID:
    • 57
  • Tax ID:
    • 1602-00811-0000-00057-0000-
  • Unit 1 Bed Total Beds:
    • 5
  • Unit 2 Bed Total Beds:
    • 1
Neighborhood info courtesy of Homes.com © 2022

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Pam & Steve Sleppin
Pam & Steve Sleppin
Team Target
54 Woodport Rd Sparta NJ 07871
40.81385 -74.18793

88 Broughton Ave Bloomfield, NJ 07003

315623056 40.81385 -74.18793 2412 /listing/315623056-151624181/88-broughton-ave-bloomfield-nj-07003 False 0 1152000.0 101 3782444 False
  • $1,152,000
  • 0.15 lot
  • Est payment $6184.19/mo