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Renovated Two-Family Duplex
For Sale
$735,000
Pending

7 Main Ter, Bloomfield, NJ 07003

MULTI_FAMILY - Bloomfield, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market50

Property Features for 7 Main Ter

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Laundry Room
Interior features Master Downstairs
High school district 000000
Directions Directions: Broughton Avenue to Main Terrace
Standard status Pending
APN 02-000.000-0919-055.000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16004

Utilities

Heating system Natural Gas, Forced Air

Amenities

private laundry
finished basement
private backyard

Building Details

Year built 1949
Listing Agency: Coldwell Banker Realty
Listed By: Jill Biggs · License #0568727
Added: Jun 23 Changed: Aug 5 Last Checked: Aug 11 at 9:06AM
MLS# 11842114

Copyright © 2026 My State MLS. 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 beautifully renovated two-family duplex offers two separate living setups with modern updates. Unit One features two spacious bedrooms, an eat-in kitchen, private laundry, and access to a private backyard. A one-car garage and a finished basement add flexible bonus space that can serve as a home office, playroom, gym, or recreation room.

Unit Two provides a comfortable one-bedroom layout with its own private washer and dryer, supporting everyday convenience and resident privacy. The property is presented as move-in ready for either owner-occupants or buyers looking for a turnkey income property.

From a tenant- or buyer-fit perspective, the home’s two distinct units and in-unit laundry arrangements simplify operations and support straightforward leasing. The combination of backyard access, a garage, and additional finished basement space can appeal to residents who want more than a basic layout, whether you’re planning to occupy one unit while renting the other or operating the property as a residential income investment.

Key Highlights

  • Renovated two‑family home with Unit One and Unit Two layouts
  • Unit One: 2 bedrooms, eat‑in kitchen, private laundry, access to a private backyard, and a one‑car garage
  • Unit Two: 1‑bedroom layout with its own private washer and dryer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

389
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
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated two-family duplex with private laundry, finished basement bonus space, and backyard access.
Where is this duplex located?
The property is located at 7 Main Ter Bloomfield, NJ.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Renovated two‑family home with Unit One and Unit Two layouts; Unit One: 2 bedrooms, eat‑in kitchen, private laundry, access to a private backyard, and a one‑car garage; Unit Two: 1‑bedroom layout with its own private washer and dryer
More about this property
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