38 Prospect St

Bloomfield Twp., NJ 07003
Beds
6
$849,999
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
Courtesy of PRESTIGE PROPERTY GROUP MONTCLAIR.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
6
Lot Size
0.07 Acres
Year Built
1919
MLS Number
4024541
30 Days Snapshot Of 07003
$577k
-15%
(avg) sold price
27
+80%
homes sold
75
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1919, Renovated in 2024
Cooling
2 Units, Central Air, Ductless Split AC, Window A/C(s)
Expenses
Expenses: Cold Water, Insurance, Maintenance, Taxes
Exterior Features
Vinyl Siding, Open Porch(es)
Garage
2 garage spaces, Detached Garage
Water Features
Public Water
Heating
Electric, Gas-Natural, 3 Units, Baseboard - Hotwater, Forced Hot Air, Radiators - Hot Water
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Lot
Approximate Lot Size: 30 X 107, 0.07 acres
Parking
1 Car Width, Blacktop, Driveway-Shared
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $13,575, Tax Rate: 3.489
Unit One
1 bathroom, 2 bathrooms, 1,020 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit Two
2 bedrooms, 3 bathrooms, 1,025 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit Three
1 bathroom, 1 bedroom, 595 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities
Electric, Gas-Natural
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Chris Cafaro
Realtor®
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.