Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    80 Belleville Ave Bloomfield, NJ 07003

    View on Map
    Sponsored
    For Sale
    $749,900

    3-Three Story, Multi-Family - Bloomfield Twp., NJ

    Lot size:
    0.18 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 27 at 11:06 pm

    Property Features for 80 Belleville Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    7
    Bathrooms
    4
    Parking
    5
    Basement Y/N
    1
    Appliances
    Dryer, Microwave, Oven - Gas, Range, Refrigerator, Washer/Dryer Combo, Washer/Dryer Stack
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1890
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    SILVIO LAVRADOR

    RE/MAX SELECT

    Listing agent SILVIO LAVRADOR

    Listing date Mar 26, 2026

    MLS# 4016933 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Multi-Family Home

    Located in Bloomfield Twp., NJ, this renovated two-family home offers rental income potential. Situated on a 58x135 lot, the property features four floors of living space, including a finished third floor and a fully finished basement. The first-floor unit includes three bedrooms, one bath, a living room, and an eat-in kitchen. The updated second-floor unit features three bedrooms, including a primary suite, one renovated full bath, a living room, and a renovated kitchen with shaker cabinets, quartz countertops, and stainless steel appliances. The finished third floor offers an additional bedroom, full bath, and living/dining space, and can be combined with the second floor. The fully finished basement includes a recreation area, a renovated full bath, and a dining area that can be combined with the first floor. Additional features include parking for up to five cars with designated spots, a large backyard, a recently painted all-brick exterior, updated furnaces and water heaters, and two sets of solar panels for energy efficiency. The property is located close to shopping and major public transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.18284
    Latitude
    40.79764

    Nearby Similar for Sale

    • $2,000,000
      0.11 Acres

      Bloomfield Mixed-Use Commercial Building

      Renovated mixed-use property with six income-generating rentals in Bloomfield.
      19 Franklin St, Bloomfield, NJ 07003
      View Details
    • $875,000
      Pending

      Bloomfield Commercial Building on Broad

      Commercial building in vibrant Bloomfield location with high foot traffic.
      1012 Broad St, Bloomfield, NJ 07003
      View Details
    • $1,300,000
      8,000 SF

      Bloomfield Retail Opportunity

      Retail property for sale in Bloomfield Twp., NJ.
      606 Bloomfield Ave, Bloomfield, NJ 07003
      View Details
    • Contact for pricing

      Bloomfield Office Space For Sale

      Office building with flexible suite configurations and included utilities.
      295 Montgomery St, Bloomfield, NJ 07003
      View Details
    • New
      $780,000
      0.10 Acres

      Bloomfield Multi-Family Investment Opportunity

      Well-maintained Bloomfield multi-family home with income potential.
      169 Walnut St, Bloomfield, NJ 07003
      View Details
    • Contact for pricing
      0.33 Acres

      Bloomfield Office Space For Sale

      Office building with flexible suite configurations and parking included.
      295 Montgomery St, Bloomfield, NJ 07003
      View Details
    • New
      $638,800
      Pending

      Renovated Duplex Near Bloomfield Center

      Meticulously renovated duplex near Bloomfield's vibrant town center and NYC transit.
      35 Hickory St, Bloomfield, NJ 07003
      View Details
    • $799,995
      2,300 SF

      Bloomfield Twp. Commercial Property

      Commercial property in Bloomfield Twp. with redevelopment potential.
      591 Bloomfield Ave, Bloomfield, NJ 07003
      View Details
    • $850,000
      Pending

      Bloomfield Multi-Family Investment Opportunity

      Multi-family property in desirable Essex County location with income potential.
      68 Ketner St, Bloomfield, NJ 07003
      View Details
    • $700,000
      Pending

      Bloomfield Two-Family Home For Sale

      Well-maintained two-family home in Bloomfield with strong long-term potential.
      18 Birch St, Bloomfield, NJ 07003
      View Details
    • $649,900
      Pending

      Bloomfield Two-Family Home with Garage

      Two-family home in Bloomfield near Montclair and Brookdale Park.
      214 Ashland Ave, Bloomfield, NJ 07003
      View Details
    • $1,549,000
      3,400 SF

      Bloomfield Mixed-Use Investment Opportunity

      Two-story building with retail, residential, and office spaces.
      545 Bloomfield Ave, Bloomfield, NJ 07003
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated two-family home with rental income potential.
    Where is this duplex located?
    The property is located at 80 Belleville Ave Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Significant rental income potential as a renovated 2-family home with flexible configuration options.; - Spacious layout with **4 floors of living space**, including a finished 3rd floor and fully finished basement.; - **Updated second-floor owner's unit** featuring 3 bedrooms, a renovated full bath, and a renovated kitchen with designer finishes.
    (908) 233-9292
    Request Owner's contact information
    80 Belleville Ave Bloomfield, NJ 07003
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    80 Belleville Ave
    Bloomfield, NJ 07003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    80 Belleville Ave Bloomfield, NJ 07003
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    SILVIO LAVRADOR
    Real Estate License ID: 1536348
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!