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    18 Olive St, Unit 3 Bloomfield, NJ 07003

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    For Lease
    $2,100 /Mo

    Updated 2BR apartment with in-unit laundry and parking.

    Lot size:
    0.14 Acres

    Property Features for 18 Olive St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1950

    Source: PROMINENT PROPERTIES SIR Agent TIFFANY BOOKER

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

    Overview

    Updated Apartment Near Transportation

    This updated 2-bedroom apartment is located on the third floor of a home situated on a cozy street. The property is conveniently located near the Garden State Parkway, train and bus lines, and parks, including the Splash Park at Watsessing. Bloomfield Center, with its shops, restaurants, and special events, is also nearby. The apartment features hardwood floors, stainless steel appliances, and an in-unit washer and dryer. An exposed brick column is a prominent feature in the open floor plan living and dining room. The location provides access to New York City while offering the benefits of suburban living. The apartment is move-in ready. The tenant will have one assigned off-street parking space. There is no access to the backyard. Utilities are split according to household. The property is pet friendly.
    Location Intelligence

    Current Use by Public Records

    Gabby.FitLife Wellness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2024082
    Latitude
    40.7830306

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    FAQs

    What type of property is this?
    Apartment building - Updated 2BR apartment with in-unit laundry and parking.
    Where is this apartment building located?
    The property is located at 18 Olive St, Unit 3 Bloomfield, NJ.
    What are key features of this property?
    This property features: - Convenient location: close to GSP, train/bus to NYC, Bloomfield Center shops/restaurants/events, and parks.; - Move-in ready with **updated features**: **hardwood floors, stainless steel appliances, and in-unit washer/dryer.**; - **Unique architectural detail: exposed brick column in the open floor plan.**
    (973) 783-6900
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    18 Olive St, Unit 3 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
    18 Olive St, Unit 3 Bloomfield, NJ 07003
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