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Multifamily Property Near Transportation
For Sale
$1,300,000

16 Columbus St, Bloomfield, NJ 07003

Well-maintained multifamily property near transportation, highways, and shopping.

Property SizeContact for details
Days on Market159

Property Features for 16 Columbus St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,085

Amenities

Central air
Asphalt Shingle Roof
1 Car Width
4+ Units Heating
Blacktop Driveway
Parking Lot-Shared
Wall A/C Unit(s) Cooling

Building Details

Year Built 1915
Listing Agency: ONEWAY REALTY
Listed By: MARIO MACHADO
Source: Corcoran
Added: Mar 30 Changed: Sep 3 Last Checked: Sep 2 at 7:57PM

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 ONEWAY REALTY

Investment Insights

Based on property information with market context.

This well-maintained property features a four-family building, a two-family building, and a five-car garage. The location offers convenient access to public transportation, major highways, and shopping areas.

Key Highlights

  • Multi‑family property: Consists of a 4‑family and a 2‑family building.
  • Includes a 5‑car garage.
  • Convenient location near public transportation.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic

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

1,623
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily property near transportation, highways, and shopping.
Where is this apartment building located?
The property is located at 16 Columbus St Bloomfield, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Multi‑family property: Consists of a 4‑family and a 2‑family building.; Includes a **5‑car garage**.; Convenient location near public transportation.
More about this property
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