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4-Unit Residential Income Property
For Sale
$950,000

10 East Passaic Avenue, Bloomfield, NJ 07003

Four units are offered with a consistent 2BR/1BA layout, each with an eat-in kitchen and large living room.

Property Size750 SF
Price / SF$1,266
Days on Market230

Property Features for 10 East Passaic Avenue

General Information

Standard status Active
Size 750 SF
Property subtype Multi Family / 1-One Story

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $18,686

Amenities

Yes
No
Flat, Rubberized
Finished-Partially
Vinyl Siding

Building Details

Year Built 1915
Listing Agency: KELLER WILLIAMS SPRING LAKE
Listed By: AZIZA ARNETTE · License #298169
Source: Compass
Added: Jan 17 Changed: Aug 8 Last Checked: Jul 22 at 2:27PM

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 KELLER WILLIAMS SPRING LAKE

Investment Insights

Based on property information with market context.

This four-unit residential income property features identical layouts across all units, with each apartment offering two bedrooms and one bathroom. The apartments include a full eat-in kitchen and a large living room, providing a straightforward, repeatable floor plan for day-to-day operations.

The property is described as being conveniently located near transportation, shopping, and local amenities. Showing access requires texting for all showings.

With consistent unit configurations, the building supports efficient management for an owner seeking a rental portfolio with uniform apartment types.

Key Highlights

  • 4‑unit multifamily property built in 1915
  • Each unit offers the same 2BR/1BA layout
  • Units include a full eat‑in kitchen and a large living room

Property Analytics

Current Use

NailsByEmily Nail Salon

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Pet Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four units are offered with a consistent 2BR/1BA layout, each with an eat-in kitchen and large living room.
Where is this quadplex located?
The property is located at 10 East Passaic Avenue Bloomfield, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1915; Each unit offers the same 2BR/1BA layout; Units include a full eat‑in kitchen and a large living room
More about this property
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