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Multifamily Property
For Sale
$549,999

36 Pulaski St, Bloomfield, NJ 07003

This multifamily property dates to 1905 and is located in Bloomfield Township, New Jersey.

Property Size1,916 SF
Price / SF$287.06
Days on Market33

Property Features for 36 Pulaski St

General Information

Standard status Active
Size 1,916 SF
Property subtype Multi-Family

Building Details

Year Built 1905
Listing Agency: REAL
Listed By: RAMANDEEP SINGH
Source: Goldstandardrealty
Added: Sep 7 Changed: Sep 8 Last Checked: Oct 7 at 3:18PM

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

Investment Insights

Based on property information with market context.

This multifamily property contains 1,916 square feet within a structure built in 1905. The asset is located at 36 Pulaski St in Bloomfield Township, New Jersey, with the property information identifying it as a multifamily use.

Key Highlights

  • 1,916 square feet of building area
  • Constructed in 1905
  • Located at 36 Pulaski St, Bloomfield Twp., NJ 07003

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,464
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,280 $589.3K
Cap Rate 7%
$420,914 $420.9K
Cap Rate 9%
$327,378 $327.4K
Market Conditions
NOI Build-Up for 1,916 SF
Gross rent
$57.5K $30.00/SF
− Vacancy
−$3.9K −$2.04/SF
EGI
$53.6K $27.96/SF
− OpEx
−$24.1K −$12.58/SF
NOI
$29.5K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,280
Cap Rate 7%
$420,914
Cap Rate 9%
$327,378

Alternative Uses

Best Use
Apartment 5plus
$420.9K
$368.3K – $491.1K (±1% cap)
NOI $29,464 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.3K
$437.8K – $583.7K (±1% cap)
NOI $35,021 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery Gym & Fitness Center Furniture & Home Goods Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

688
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - This multifamily property dates to 1905 and is located in Bloomfield Township, New Jersey.
Where is this multifamily property located?
The property is located at 36 Pulaski St Bloomfield, NJ.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: 1,916 square feet of building area; Constructed in 1905; Located at 36 Pulaski St, Bloomfield Twp., NJ 07003
More about this property
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