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    50 Montgomery St Bloomfield, NJ 07003

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    For Sale
    $865,000

    Spacious 3-family home with parking and expansion potential.

    Lot size:
    0.18 Acres

    Property Features for 50 Montgomery St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    9999

    Source: ELITE REALTORS OF NEW JERSEY Agent SHIBU THOMAS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Three-Family Home For Sale

    This is a three-family home situated on an extra-deep lot. The property offers parking space for over 10 cars, with potential for expansion of the existing units, subject to local zoning regulations. Each unit features large rooms, offering excellent rental potential. The property is suitable for investors or owner-occupants. It is located close to public transportation, shopping, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Erick's Painting & Roofing Painter

    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
    -74.1820594
    Latitude
    40.7930855

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      Office building or suites available for purchase.
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      Bloomfield Office Space For Sale

      Office building with flexible suite configurations and included utilities.
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    FAQs

    What type of property is this?
    Multifamily property - Spacious 3-family home with parking and expansion potential.
    Where is this multifamily property located?
    The property is located at 50 Montgomery St Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: - Spacious 3-family home ideal for investors or owner-occupants.; - Extra-deep lot with potential to park 10+ cars or expand units (check local zoning).; - All units feature large rooms with excellent rental potential.
    (973) 994-9009
    Request Owner's contact information
    50 Montgomery 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
    50 Montgomery St Bloomfield, NJ 07003
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