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Two-Unit Multifamily Property

237 E Passaic Ave Bloomfield Bloomfield, NJ 07003

237 E Passaic Ave Bloomfield, Bloomfield, NJ, 07003
$869,000
For Sale
$869,000

Two-unit multifamily property with potential for owner-occupiers and investors.

Lot Size0.49 Acres
Days on Market146

Property Features for 237 E Passaic Ave Bloomfield

General Information

Standard status
Active
Lot size
0.49 Acres
Property subtype
Multi-Family

Building Details

Year Built
1900
Listing agency NJ Metro Group LLC
Listed by Tamima Friedman · License #0338651
Source Kw
Added: Feb 27 Updated: Jul 6 at 12:33PM Checked: May 18 at 4:17AM

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 NJ Metro Group LLC


Investment Insights

Based on property information with market context.

This two-unit multifamily property is situated on a half-acre lot. The property includes a shared foyer providing access to two distinct units, one on each floor, as well as a boarder apartment on the third floor. The first-floor unit features two bedrooms and one bathroom, updated with original molding and hardwood throughout the living area and bedrooms. The kitchen includes updated appliances, countertops, and storage. Kitchen sliders provide access to a deep yard and a large blacktop with space for six cars. The second-floor unit features two bedrooms, two bathrooms, a modern kitchen, and a bonus space suitable for an office or den off the primary bedroom. The third floor is configured as a one-bedroom, one-bath boarder unit, which could be combined with the second-floor unit or remain an income-generating apartment. Laundry is located in the basement. Recent upgrades include two new hot water heaters, a new furnace, and a chimney liner in 2023/24. The property offers opportunities for owner-occupiers and investors and the potential to live rent-free as an owner.

Key Highlights

  • Income‑producing multi‑family property with three units.
  • Opportunity for owner‑occupancy to live 'rent‑free'.
  • Large, deep half‑acre lot with ample parking space for 6 cars.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Computer & Electronic Repair Carpet & Flooring Store Grocery & Convenience Store Storage Facility Tech Support Center Florist Home Appliance Store

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

FAQs

What type of property is this?
Multifamily property - Two-unit multifamily property with potential for owner-occupiers and investors.
Where is this multifamily property located?
The property is located at 237 E Passaic Ave Bloomfield Bloomfield, NJ.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Income‑producing multi‑family property with three units.; Opportunity for owner‑occupancy to live 'rent‑free'.; Large, deep half‑acre lot with ample parking space for 6 cars.
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