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Three-Unit Residential Triplex
For Sale
$849,000
Pending

124 Spruce St, Bloomfield, NJ 07003

Multi-Family, 2-Two Story, Bloomfield Twp., NJ

Property SizeContact for details
Lot Size0.26 Acres
Days on Market170

Property Features for 124 Spruce St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Directions JFK Pkwy S to Beach to Spruce
Standard status Pending
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19981

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REAL
Listed By: JOHN NATALE · License #790719
Added: Apr 27 Changed: Sep 14 Last Checked: Oct 13 at 1:06AM
MLS# 4023454

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.

Investment Insights

Based on property information with market context.

This three-unit residential property includes one three-bedroom residence and two two-bedroom residences. The building was constructed in 1950 and is offered in as-is condition. Heating is provided by baseboard and hot-water systems, with public water and public sewer serving the property. The roof is shingle, and the parcel contains 0.26 acres.

The property is located in Bloomfield Township, near shopping and the Garden State Parkway. Its three-unit configuration and documented bedroom mix support continued residential rental use, subject to applicable requirements.

Key Highlights

  • Three‑unit residential property with one 3‑bedroom unit and two 2‑bedroom units
  • 0.26‑acre parcel in Bloomfield Township, NJ
  • Built in 1950 and offered in as‑is condition

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Tech Support Center Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,613
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three-family property with a three-bedroom residence and two two-bedroom residences, offered in as-is condition.
Where is this triplex located?
The property is located at 124 Spruce St Bloomfield, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Three‑unit residential property with one 3‑bedroom unit and two 2‑bedroom units; 0.26‑acre parcel in Bloomfield Township, NJ; Built in 1950 and offered in as‑is condition
More about this property
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