Tenant-Occupied
New
For Sale
$835,000
52 Thomas St, Bloomfield, NJ 07003
Multi-Family, 3-Three Story, Triplex, Bloomfield Twp., NJ
Property Size2,640 SF
Lot Size0.07 Acres
Price / SF$316.29
Days on Market4
Property Features for 52 Thomas St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking
5
Directions
Off to Thomas St
Standard status
Active
Size
2,640 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15972
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Baseboard, Electric (Heating), Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Amenities
laundry units
Building Details
Year built
1930
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX SELECT · RE/MAX International
(973) 539-6300
Listed By:
NICHOLAS WALSH · License #405956
(908) 233-9292
Added: Oct 10
Last Checked: Oct 13 at 5:06AM
MLS# 4058172
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.
Investment Insights
Based on property information with market context.
This three-unit residential property contains six bedrooms and three full bathrooms. Each apartment has a separate laundry unit in the basement, and the private driveway accommodates up to five vehicles. The property was built in 1930 and sits on a 0.07-acre lot.
All three apartments are tenant occupied. Bloomfield train station, parks, shops, and dining are within walking distance. Public water and sewer serve the property; heating includes radiant, baseboard, electric, and hot water systems, with central air conditioning.
All three apartments are tenant occupied. Bloomfield train station, parks, shops, and dining are within walking distance. Public water and sewer serve the property; heating includes radiant, baseboard, electric, and hot water systems, with central air conditioning.
Key Highlights
- Three tenant‑occupied apartments
- Six bedrooms and three full bathrooms
- Three separate basement laundry units, one assigned to each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,184
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,680
$883.7K
Cap Rate 7%
$631,200
$631.2K
Cap Rate 9%
$490,933
$490.9K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$67.5K $25.56/SF
− Vacancy
−$4.4K −$1.65/SF
EGI
$63.1K $23.91/SF
− OpEx
−$18.9K −$7.17/SF
NOI
$44.2K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,680
Cap Rate 7%
$631,200
Cap Rate 9%
$490,933
Alternative Uses
Best Use
Multifamily LT 5
$631.2K
$552.3K – $736.4K
NOI $44,184 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$580.0K
$507.5K – $676.6K
NOI $40,598 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$689.4K
$603.2K – $804.3K
NOI $48,255 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments share basement laundry facilities and a private driveway.
Where is this triplex located?
The property is located at 52 Thomas St Bloomfield, NJ.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Three tenant‑occupied apartments; Six bedrooms and three full bathrooms; Three separate basement laundry units, one assigned to each apartment
