Bloomfield Multi-Family Corner Lot
7 Maple St, Bloomfield, NJ 07003
3-Three Story, Multi-Family - Bloomfield Twp., NJ
Property size:
3,654 SFLot size:
0.19 AcresPrice / SF:
$328/SF- Added:
- Mar 6, 2026
- Days on Market:
- 82
- Last Refresh:
- May 27 at 5:06 pm
Property Features for 7 Maple St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
- Parking
- 2
- Appliances
- Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,654 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 25047
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 2024
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent STEWART DANIELS (908) 306-0061
Listing office RE/MAX PINNACLE 318 ROUTE 202/206, Bedminster, NJ (908) 306-9600
Listing date Mar 6, 2026
MLS# 4012964
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
- Newer construction two‑family home built in 2024, move‑in ready.
- Conveniently located approximately one half mile from the Bloomfield NJ Transit train station.
- Unit 1 features a ground level extended suite with entertainment area, wet bar, dishwasher, engineered hardwood flooring, and private balcony.
- Both units include stone countertops, 42‑inch cabinetry, breakfast bar seating, dishwashers, primary bedroom ensuite bathrooms, and in‑unit stackable washer and dryer.
- Flexible multi‑level layout with approximately 3,654 square feet of living space.
- Easy access to major highways and close to Bloomfield Center shopping and dining.
Overview
This newer construction legal two-family home is situated on a corner lot in Bloomfield. The property offers approximately 3,654 square feet with a flexible multi-level layout. Unit 1 features a first and ground floor living arrangement with 4 bedrooms and 3 full bathrooms. The ground level extended suite is connected internally to the first floor and provides additional finished living space, including an entertainment area, wet bar, dishwasher, separate washer and dryer, engineered hardwood flooring, and access to a private balcony overlooking the rear yard. This space is part of Unit 1 and is not a separate apartment. Unit 2, the second-floor residence, features 4 bedrooms and 2 full bathrooms with open living and dining areas and a modern kitchen layout. Both residences include stone countertops, 42-inch cabinetry, breakfast bar seating, dishwashers, primary bedroom ensuite bathrooms, and in-unit stackable washer and dryer. The property is conveniently located approximately one half mile from the Bloomfield NJ Transit train station with direct service to Hoboken and connections to New York City. It also offers easy access to the Garden State Parkway, Route 3, and Interstate 280 and is close to Bloomfield Center shopping, dining, and local amenities. The property is a move-in-ready legal two-family home offering a flexible multi-level layout with extended living space. The annual taxes are $25,047.53.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$679.5K
NOI $61,154 @ 9.00% cap · cautious / downside scenario
Moderate
$873.6K
NOI $61,154 @ 7.00% cap · market / base-case scenario
Aggressive
$1.22M
NOI $61,154 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.4k | $25.56 |
| − Vacancy | −$6.0k | −$1.65 |
| EGI | $87.4k | $23.91 |
| − OpEx | −$26.2k | −$7.17 |
| NOI | $61.2k | $16.74 |
3,654 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$873.6K
$764.4K – $1.02M
NOI $61,154 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$802.7K
$702.4K – $936.5K
NOI $56,191 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$954.1K
$834.9K – $1.11M
NOI $66,789 @ 7.0% cap · market cap 5.57%
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
- -74.19222
- Latitude
- 40.80201
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family home near Bloomfield transit with flexible multi-level layout.
Where is this duplex located?
The property is located at 7 Maple St Bloomfield, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Newer construction two‑family home built in 2024, move‑in ready.; Conveniently located approximately one half mile from the Bloomfield NJ Transit train station.; Unit 1 features a ground level extended suite with entertainment area, wet bar, dishwasher, engineered hardwood flooring, and private balcony.
