Two-Unit Two-Story
41 Berkeley Pl, Bloomfield, NJ 07003
New
Multi-Family, 2-Two Story - Bloomfield Twp., NJ
Property size:
2,054 SFLot size:
0.10 AcresPrice / SF:
$320/SF- Added:
- Jun 22, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 22 at 6:06 pm
Property Features for 41 Berkeley Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2B
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry, Living Room
- Parking
- 1
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Interior features
- Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
- Exterior features
- Metal Fence, Open Porch(es)
- Fencing
- Fenced
- Fireplace
- 1
- Basement Y/N
- 1
- Appliances
- Dryer, Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Size
- 2,054 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12780
Utilities
- Heating system
- Fireplace(s), Other (Heating), Steam
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1923
- Number of units
- 2
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent CARLY ACKERMAN
Listing office REAL 165 PASSAIC AVE, Haddon Township, NJ (855) 450-0442
Listing date Jun 22, 2026
MLS# 4035997
Listing URL
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.
HighLights
- Two‑family home built in 1923 with 5 bedrooms total across both units
- Unit 1: 3 bed, 2 bath plus sunroom, separate living and dining areas, and access to a partially finished basement
- Unit 2: vacant 3 bed, 1 bath with newly redone floors
- Heating includes steam and fireplaces (fireplace present)
- Wood floors, gas oven and range, refrigerator, and laundry included (dryer listed)
- Basement and fenced property with driveway parking and an open porch
Overview
This two-story, two-family duplex provides separate apartment living with two spacious units. Unit 1 includes three bedrooms and two bathrooms, along with a sunroom, separate living and dining spaces, and access to a partially finished basement that offers room for future finishing. Unit 2 is vacant and features three bedrooms and one bathroom, with newly redone floors intended to support move-in readiness or prompt rental use. The property is listed under R-2B zoning.
The home is located on the same street as Berkeley Elementary and just off Bloomfield Ave in Bloomfield Twp. A bus stop is described as a 3-minute walk, and the property is noted as close to shopping, dining, and everyday conveniences.
For an owner-occupant, the layout supports living in one unit while using the second unit for rental income. For a buyer seeking a straightforward rental setup, the two independent apartments offer the ability to occupy one unit immediately and position the other for ready-term use, with Unit 2’s freshly redone flooring highlighted in the listing details.
The home is located on the same street as Berkeley Elementary and just off Bloomfield Ave in Bloomfield Twp. A bus stop is described as a 3-minute walk, and the property is noted as close to shopping, dining, and everyday conveniences.
For an owner-occupant, the layout supports living in one unit while using the second unit for rental income. For a buyer seeking a straightforward rental setup, the two independent apartments offer the ability to occupy one unit immediately and position the other for ready-term use, with Unit 2’s freshly redone flooring highlighted in the listing details.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.5k | $25.56 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.1k | $23.91 |
| − OpEx | −$14.7k | −$7.17 |
| NOI | $34.4k | $16.74 |
2,054 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$491.1K
$429.7K – $572.9K
NOI $34,376 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K
NOI $31,586 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K
NOI $37,544 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- Essex
- State
- New Jersey
- Longitude
- -74.19213
- Latitude
- 40.78683
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family duplex offers a 3BR/2BA unit with sunroom and basement access plus a vacant 3BR/1BA unit with updated floors.
Where is this duplex located?
The property is located at 41 Berkeley Pl Bloomfield, NJ.
What is the asking price?
The asking price for this property is $658,888.
What are key features of this property?
This property features: Two‑family home built in 1923 with 5 bedrooms total across both units; Unit 1: 3 bed, 2 bath plus sunroom, separate living and dining areas, and access to a partially finished basement; Unit 2: vacant 3 bed, 1 bath with newly redone floors
