Three-Family Residential Income
38 Prospect Street Bloomfield, NJ 07003
For Sale
$849,999
Legal three-family property with in-place rental income and recent capital improvements, offering opportunities related to below-market rents.
Days on Market93
Property Features for 38 Prospect Street
General Information
Standard status
Active
Property subtype
Multi Family
Listing Agency:
Prestige Property Group - Montclair
(201) 467-6396
Listed By:
Brian Quesada
(201) 467-6396
Source:
Compass
Added: Apr 28
Changed: Jul 21
Last Checked: Jul 23 at 10:40AM
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 Prestige Property Group - Montclair
Investment Insights
Based on property information with market context.
This offering presents a legal three-family residential income property in Bloomfield, New Jersey. The building is described as having in-place rental income and recent capital improvements, with additional opportunities tied to below-market rents.
The property is located at 38 Prospect Street in Bloomfield. For investors and owner-occupants evaluating multi-family options, this asset is positioned as an income-generating three-unit property with potential for value-add performance based on the rental-rate gap noted in the seller’s remarks.
The property is located at 38 Prospect Street in Bloomfield. For investors and owner-occupants evaluating multi-family options, this asset is positioned as an income-generating three-unit property with potential for value-add performance based on the rental-rate gap noted in the seller’s remarks.
Key Highlights
- Legal 3‑family property with in‑place rental income
- 6 bedrooms and 5 full bathrooms across 13 total rooms
- Full basement (unfinished) with utilities, laundry area, and an additional full bathroom
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family property with in-place rental income and recent capital improvements, offering opportunities related to below-market rents.
Where is this triplex located?
The property is located at 38 Prospect Street Bloomfield, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Legal 3‑family property with in‑place rental income; 6 bedrooms and 5 full bathrooms across 13 total rooms; Full basement (unfinished) with utilities, laundry area, and an additional full bathroom
