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    124 Spruce St Bloomfield, NJ 07003

    For Sale
    $939,000

    MULTI_FAMILY - Bloomfield, NJ

    Property size:
    3,064 SF
    Lot size:
    0.07 Acres
    Days on Market:
    105
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 124 Spruce St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 6, Basement, Bedroom 9, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
    Bedrooms
    9
    Bathrooms
    4
    APN
    14-02557-0000-00030
    Basement
    Full
    Size
    3,064 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    4

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent John Natale (855) 450-0442

    Listing date Sep 1, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomfield Multifamily Investment Opportunity

    This multifamily property is located in a sought-after neighborhood of Bloomfield, New Jersey. The property contains four units: one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. The building provides solid rental income. The property is conveniently located near shopping and the Garden State Parkway. The lot size is 0.07 acres and the property size is 3,064 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.192862
    Latitude
    40.79697

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Bloomfield, NJ with strong rental income.
    Where is this quadplex located?
    The property is located at 124 Spruce St Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $939,000.
    What are key features of this property?
    This property features: - Solid rental income from four units.; - Located in a highly sought-after Bloomfield neighborhood.; - Four-family property with diverse unit mix (3BR, two 2BR, 1BR).
    (855) 450-0442
    Request Owner's contact information
    124 Spruce St Bloomfield, NJ 07003
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    Bloomfield, NJ 07003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Spruce St Bloomfield, NJ 07003
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