Four-Unit Residential Income
For Sale
$999,999
1 Bay Ave, Bloomfield, NJ 07003
Four-family property with three 2-bedroom units and one 3-bedroom unit, plus a brand new sewer line.
Property SizeContact for details
Days on Market98
Property Features for 1 Bay Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Listing Agency:
REAL
Listed By:
PETER TLATELPA · License #2299939
(855) 450-0442
Source:
Goldstandardrealty
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 24 at 7:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL
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Investment Insights
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This four-unit residential income building offers a total of four separate apartments. Units 1 through 3 each include 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. Unit 4 provides additional space with 3 bedrooms, 1 full bathroom, a living room, and a kitchen. The property also includes a brand new sewer line.
The asset is listed for sale at 1 Bay Avenue in Bloomfield, NJ 07003.
From a layout perspective, the configuration supports a mix of rental sizes across the four units, with three smaller two-bedroom apartments and one larger three-bedroom unit.
The asset is listed for sale at 1 Bay Avenue in Bloomfield, NJ 07003.
From a layout perspective, the configuration supports a mix of rental sizes across the four units, with three smaller two-bedroom apartments and one larger three-bedroom unit.
Key Highlights
- Four‑family property with three 2‑bedroom units and one 3‑bedroom unit
- Units 1–3 include 2 bedrooms, 1 full bathroom, living room, and eat‑in kitchen
- Unit 4 includes 3 bedrooms, 1 full bathroom, living room, and kitchen
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
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Business Placement
Demographics for 07003, NJ
52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,992
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-family property with three 2-bedroom units and one 3-bedroom unit, plus a brand new sewer line.
Where is this quadplex located?
The property is located at 1 Bay Ave Bloomfield, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Four‑family property with three 2‑bedroom units and one 3‑bedroom unit; Units 1–3 include 2 bedrooms, 1 full bathroom, living room, and eat‑in kitchen; Unit 4 includes 3 bedrooms, 1 full bathroom, living room, and kitchen
